Credit default swap is a tradable or securitized insurance plan used to protect investors against risky investments.

Name: Credit default swap is a tradable or securitized insurance plan used to protect investors against risky investments.
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A credit default swap is a type of insurance contract that allows investors to protect themselves against the risk of default on a debt security. It is a tradable or securitized instrument, meaning that it can be bought and sold on financial markets.

Credit Default Swap Is a Tradable or Securitized Insurance Plan