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http://en.wikipedia.org/wiki/Credit_default_swap#Description http://en.wikipedia.org/wiki/Credit_default_swap#Description The terms are synonymous, apparently.
by jdrock 17y ago
http://en.wikipedia.org/wiki/Credit_default_swap#Description http://en.wikipedia.org/wiki/Credit_default_swap#Description The terms are synonymous, apparently.
- jonknee 17y agoNo, that just says that a credit default swap is one type a credit derivative contract. Derivatives can have many triggers, default is the one talked about here.