loan credit default swap index (LCDX)


An index of loan-only credit default swaps (CDS). A credit default swap is a hedge against a borrower defaulting on a loan. The LCDX is an index of 100 companies that have unsecured loans. Purchasing the LCDX provides greater diversification than purchasing individual credit default swaps.
Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
loan correspondent loan crowd