SECOND-TO-DEFAULT CREDIT DERIVATIVE title: second-to-default credit derivative (FS-BA-PM-CR) (SAP Library - Glossary)
SECOND-TO-DEFAULT CREDIT DERIVATIVE category: Credit Risk (FS-BA-PM-CR)
SECOND-TO-DEFAULT CREDIT DERIVATIVE explained:
A second-to-default credit derivative is a protection that arises when the bank obtains a credit protection for a basket of reference names and the second default of one of these names triggers the credit protection. This credit event then also terminates the contract.
More terms such as second-to-default credit derivative in Dictionary S.
- Manual Shortened Fiscal Year:
- Help year arises following a shift in the end of the fiscal year. The shortened fiscal year covers the period between the end of the last fiscal year in the old cycle and the beginning of the next fiscal second-to-default credit derivative definition.
- Manual SDK Compatibility License:
- Help license that allows the running of add-ons developed by previous SDK versions without recompiling. The SDK Compatibility License is valid for a limited period. After this period, partners must second-to-default credit derivative explain.
- Manual System Requirement:
- Help A hardware or software component that a PC must have in order to run a specific software package second-to-default credit derivative what is.
- Manual Service File:
- Help contains a service description. Service files contain the parameters that determine how ITS-driven applications run. If this information is incomplete at runtime, the ITS derives some details from second-to-default credit derivative meaning.
- Manual Start-Finish Relationship:
- Help A relationship where an activity must start before its successor can finish second-to-default credit derivative abbreviation.
