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Credit default swap. A credit default swap ( CDS) is a financial swap agreement that the seller of the CDS will compensate the buyer in the event of a debt default (by the debtor) or other credit event. [ 1] That is, the seller of the CDS insures the buyer against some reference asset defaulting.
A credit default swap index is a credit derivative used to hedge credit risk or to take a position on a basket of credit entities. Unlike a credit default swap, which is an over the counter credit derivative, a credit default swap index is a completely standardized credit security and may therefore be more liquid and trade at a smaller bid ...
A certificate of deposit ( CD) is a time deposit sold by banks, thrift institutions, and credit unions in the United States. CDs typically differ from savings accounts because the CD has a specific, fixed term before money can be withdrawn without penalty and generally higher interest rates. The bank expects the CDs to be held until maturity ...
Universal Music Group v. Augusto was a federal court case filed by Universal Music Group against Troy Augusto, a man who sold promotional CDs on eBay. UMG claimed that the CDs were their property, and Augusto's sales constituted copyright infringement. On January 4, 2011, the Ninth Circuit sided with Augusto, holding that "UMG's distribution of ...
A Walrasian auction, introduced by Léon Walras, is a type of simultaneous auction where each agent calculates its demand for the good at every possible price and submits this to an auctioneer. The price is then set so that the total demand across all agents equals the total amount of the good. Thus, a Walrasian auction perfectly matches the ...
Mike Curtin is a career newspaperman with 38 years at the Columbus Dispatch followed by four years in the Ohio House (2013-2016).
This is a list of Superfund sites in Ohio designated under the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) environmental law.The CERCLA federal law of 1980 authorized the United States Environmental Protection Agency (EPA) to create a list of polluted locations requiring a long-term response to clean up hazardous material contaminations. [1]
List of counties in Ohio. There are 88 counties in the U.S. state of Ohio. Nine of them existed at the time of the Ohio Constitutional Convention in 1802. [ 1] A tenth county, Wayne, was established on August 15, 1796, and encompassed roughly the present state of Michigan. [ 2] During the Convention, the county was opposed to statehood, and was ...