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What is a CDS?

Updated: 9/11/2023
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6y ago

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The acronym CDS is a credit default swap. A financial term for a derivative contract whereby one party buys protection against the default of a reference credit and the other counterpary sells the protection, i.e. agrees to receive periodic payments in exchange for providing insurance against the default of an obligor.

The acronym CDs is the plural form for compact disk and certificate of deposit.

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6y ago
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6y ago

A CD, or a compact disc, is a hard drive for storing information, such as music, pictures, videos, etc.

It can also be Certificate of Deposit from a bank for one to earn higher interest than a regular saving account.
The word CD stands for a Compact Disk which you can ether play music or movies on.

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