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Definition of credit default option in English English dictionary
- A put option that makes a payoff in the event the issuer of a specified reference asset defaults
- credit default options
- plural form of credit default option
Related Terms
credit default option
Hyphenation
cred·it de·fault op·tionTurkish pronunciation
kredıt dîfôlt ôpşınPronunciation
/ˈkredət dəˈfôlt ˈôpsʜən/ /ˈkrɛdət dɪˈfɔːlt ˈɔːpʃən/
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