Xìndài wéiyuē diàoqī shì yì zhǒng chángjiàn de xìnyòng yǎnshēngpǐn.
A credit default swap is a common credit derivative.
Tips
usage
Mainland financial press more commonly uses 信用违约互换 for the same instrument; 信贷违约掉期 is the term Hong Kong and Taiwan finance writing tends to prefer. Both translate the English term piece by piece.
