What are financial derivatives is fairly well understood at least at a conceptual level. The interesting details are of course: 1. What is the actual price of

What are financial derivatives is fairly well understood at least at a conceptual level. The interesting details are of course: 1. What is the actual price of a derivative product especially of a Credit Derivative product ? 2. What is your risk profile if you are holding a derivative product ? and the corollary how do you become risk-neutral? Its interesting to read the literature on this subject and find that the experts don't even agree on the terminology to define something., forget the actual definition.