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Also available:
World English Dictionary
Dictionnaire Français
credit derivative
cred·it de·riv·a·tive
(
plural
cred·it de·riv·a·tives
)
noun
Definition:
instrument to transfer credit risk:
a financial instrument providing for the transfer of credit risk from one party to another
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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