cred·it-de·fault swap 
(krĕd′ĭt-dēfôlt′)
(krĕd′ĭt-dēfôlt′)n. Abbr. CDS
A financial instrument used as insurance against a default on a bond, loan, or other debt.
- underfur
- undergarment
- undergird
- underglaze
- undergo
- undergrad
- undergraduate
- underground
- Underground Railroad
- undergrown
- undergrowth
- underhair
- underhand
- underhanded
- underhandedly
- underhandedness
- under hat
- underhung
- underinsurance
- underinsured
- under/in the circumstances
- underived
- underkill
- underlaid
- underlain