Referenzschuldner

German

Etymology

Referenz (“reference”) +‎ Schuldner (“debtor”)

Pronunciation

  • IPA(key): [ʁefəˈʁɛnt͡sˌʃʊldnɐ]
  • Hyphenation: Re‧fe‧renz‧schuld‧ner

Noun

Referenzschuldner m (strong, genitive Referenzschuldners, plural Referenzschuldner)

  1. (finance) reference entity (the legal entity whose credit risk is transferred in a credit derivative contract)
    Der Referenzschuldner muss im Falle eines Kreditereignisses zahlungsunfähig sein, damit der Swap ausgezahlt wird.
    The reference entity must be insolvent in the event of a credit event for the swap to be paid out.

Declension

Declension of Referenzschuldner [masculine, strong]
singular plural
indef. def. noun def. noun
nominative ein der Referenzschuldner die Referenzschuldner
genitive eines des Referenzschuldners der Referenzschuldner
dative einem dem Referenzschuldner den Referenzschuldnern
accusative einen den Referenzschuldner die Referenzschuldner

Coordinate terms

  • Ausfallereignis (the specific occurrence that triggers a payment under a credit derivative)
  • Basiswert (the underlying financial instrument or debt on which a derivative is based)
  • Emittent (the entity that issues the underlying security or bond)
  • 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)
  • Sicherungsgeber (the party providing credit protection in a swap agreement; the seller)
  • Sicherungsnehmer (the party buying credit protection in a swap agreement; the buyer)
  • Haftung (the legal responsibility or liability for financial obligations)
  • Referenzzins (a benchmark interest rate used as a standard for financial contracts)
  • Schuldenfalle (a situation where debt levels make repayment or servicing impossible)

References

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