Examlex
Explain when External cause codes are used.
CDS
CDS stands for Credit Default Swap, a financial derivative allowing an investor to "swap" or offset their credit risk with that of another investor.
Coupon Bond
A type of bond that offers interest payments through coupons to the bondholder until its maturity, when the principal amount is reimbursed.
Accrued Interest
The interest that has accumulated on a bond since the last interest payment up to, but not including, the purchase (or sale) settlement date.
Interest Days
The number of days over which interest is calculated on a loan or financial instrument.
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