Examlex
Which of the following contributed to the downfall of the Soviet Union in 1991?
Credit Default Swaps
Financial swap agreements that transfer the credit exposure of fixed income products between parties.
CDS Buyer
An entity that purchases a credit default swap, obtaining protection against specific credit risks.
CDS Seller
A counterparty in a credit default swap agreement who provides credit protection, compensating the buyer in case of a debt default or other credit event.
Predatory Lending
Unscrupulous lending practices that impose unfair, deceptive, or abusive loan terms on borrowers, often leading to a debt trap.
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