Basiswert
German
Etymology
Basis (“basis/base”) + Wert (“value/asset”)
Pronunciation
- IPA(key): [ˈbaːzɪsˌveːɐ̯t]
- Hyphenation: Ba‧sis‧wert
Noun
Basiswert m (strong, genitive Basiswerts, plural Basiswerte)
- (finance) underlying asset, underlying (the financial instrument, such as a stock, bond, or currency, on which a derivative's price is based)
- Bei einem Kreditausfallswap ist die Staatsanleihe der typische Basiswert.
- In a credit default swap, the government bond is the typical underlying asset.
Declension
Declension of Basiswert [masculine, strong]
Coordinate terms
- Ausfallereignis (the specific occurrence that triggers a payment under a credit derivative)
- Emittent (the entity, such as a corporation or government, that issues and sells securities)
- Gläubiger (the party to whom a debt is owed by the debtor)
- Kreditausfallswap (a financial derivative used to hedge credit risk or speculate on default)
- Referenzschuldner (the legal entity whose credit risk is transferred in a credit derivative contract)
- Sicherungsgeber (the party providing credit protection in a swap agreement; the seller)
- Sicherungsnehmer (the party buying credit protection in a swap agreement; the buyer)
Related terms
- Basispreis (strike price of an option)
- Basispunkt (one hundredth of one percent (0.01%))
- Marktwert (current market value of an asset)