Abstract
Credit derivatives are instruments used to measure, manage, and transfer credit risk. Recently, there has been an explosive growth in the use of these instruments in the financial markets. This chapter reviews the structure and use of some credit derivative instruments that are popular in practice.
Original language | English (US) |
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Title of host publication | Encyclopedia of Finance, Third Edition |
Publisher | Springer International Publishing |
Pages | 573-584 |
Number of pages | 12 |
ISBN (Electronic) | 9783030912314 |
ISBN (Print) | 9783030912307 |
DOIs | |
State | Published - Jan 1 2022 |
All Science Journal Classification (ASJC) codes
- General Economics, Econometrics and Finance
- General Business, Management and Accounting