单词 | credit event |
释义 | > as lemmascredit event credit event n. Finance an event relating to the credit of a business or institution; spec. a default, repudiation, or other event that is defined in a credit derivative as sufficient to trigger its implementation. ΚΠ 1918 J. L. Laughlin Credit of Nations iv. 167 The Bank of France did not publish its accounts until February 4, 1915. Nothing was..gained by this reticency, because the credit events in the omitted months were inevitably disclosed by the later developments. 1932 Availability Bank Credit (National Industr. Conf. Board) i. 39 The record of bank credit events following 1929, as reflected in the changing features of bank assets, resulted at first in no great change from the previous era. 1967 Financial Analysts Jrnl. 23 95/1 The extreme Keynesian position..has been so clearly refuted by the monetary and credit events of 1966 and 1967 that [etc.]. 1989 Jrnl. Finance 44 927 All bonds' histories were followed until December 31, 1988 for credit events including defaults, bankruptcies, exchanges, calls, repurchases, debt-equity swaps, mergers, and puts by holders. 1991 Corporate Cashflow Oct. 19/2 The biggest exposure, experts say, is for companies planning an HLT or other adverse credit event. 2011 N.Y. Times (National ed.) 6 Nov. (Business section) 8/3 Investors buy a note issued by a special-purpose vehicle that contains a credit default swap... The holder of the note is responsible for losses in a so-called credit event, like a default. < as lemmas |
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