Rare card
Credit default swap
- Value
- 50 W
- Attack
- 278
- Defence
- 223
- Players
- 0
A credit default swap (CDS) is a financial swap agreement that the seller of the CDS will compensate the buyer in the event of a debt default (by the debtor) or other credit event. That is, the seller of the CDS insures the buyer against some reference asset defaulting.
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