信貸違約掉期 xìn dài wéi yuē diào qī

DEFINITIONS

  1. credit default swap (finance)

CHARACTERS

信 xìn trust, believe; letter
貸 dài lend; borrow; pardon
違 wéi disobey, violate, defy; be apart from
約 yuē treaty, agreement, covenant
掉 diào turn, move; shake, wag; drop down
期 qī period of time; date; time limit