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)

  1. (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

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)
  • Basispreis (strike price of an option)
  • Basispunkt (one hundredth of one percent (0.01%))
  • Marktwert (current market value of an asset)

References

  • Basiswert” in Digitales Wörterbuch der deutschen Sprache
  • Basiswert” in Duden online