Examlex
Which of the following terms is correctly paired with its description?
Structured Investment Vehicles
Finance entities created to manage a portfolio of investment assets, often using leverage to finance long-term assets with short-term debt.
SIVs
Structured Investment Vehicles, which are pool investment entities created to finance long-term assets with short-term debt, known for their role in the financial crisis due to liquidity issues.
Credit Default Swap
A financial derivative that allows an investor to "swap" or offset their credit risk with that of another investor.
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