Exact(1)
Credit derivatives allow investors to manage the credit risk exposure of their portfolios or asset holdings, essentially by offering insurance against deterioration in credit quality of the borrowing entity.
Similar(57)
So, in the spirit of improving the quality of the debate and borrowing the format of another political satirist on night-time TV, here are today's Top 10 Bogus Statements in the climate debate (hereafter labeled "BS"), each followed by a reality check.
When someone else uses words to describe emotions in a way that seems to illuminate a powerful truth about our existence, therefore, we tend to store up their words for future use; the quality of the expressions we borrow depends on the quality of the stories we consume, or the people we listen to.
Or perhaps the quality of companies that borrowed money during the junk bond excesses of the 1990's was simply worse than ever, and when those companies go broke there will be little left for bondholders to recover.
Although the ECB has essentially made an offer of unlimited funds, banks are still constrained in how much they may borrow by the quality of the collateral that they are able to hand over.
"What I'm trying to make happen is a little miracle of the architecture sort using a quality of light borrowed from a distant land to expand people's world beyond what they can imagine," he said.
This rate for unsecured borrowing depends on the credit quality of the investor who will be charged a spread reflecting her default likelihood as perceived by the market.
Quality of the game?
The quality of the speakers.
The quality of the i.d.
Quality of the lumber.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com