Funded credit derivative | Practical Law

Funded credit derivative | Practical Law

Funded credit derivative

Funded credit derivative

Practical Law UK Glossary 1-500-1452 (Approx. 3 pages)

Glossary

Funded credit derivative

A credit derivative which is structured so that the seller of the credit protection under the credit derivative makes upfront payments to cover its potential future liabilities.
For an overview on credit derivatives, particularly funded credit derivatives, see Practice note, Credit derivatives: Funded credit derivatives.