Sicherungsgeber

German

Etymology

Sicherung (security/protection) +‎ -s- +‎ Geber (giver)

Pronunciation

  • IPA(key): [ˈzɪçəʁʊŋsˌɡeːbɐ]
  • Hyphenation: Si‧che‧rungs‧ge‧ber

Noun

Sicherungsgeber m (strong, genitive Sicherungsgebers, plural Sicherungsgeber)

  1. (finance) protection seller (the party in a credit derivative transaction that sells credit protection and assumes the credit risk)
    Der Sicherungsgeber erhält vom Sicherungsnehmer eine regelmäßige Prämie für die Übernahme des Ausfallrisikos.
    The protection seller receives a regular premium from the protection buyer for assuming the default risk.

Declension

Synonyms

  • Stillhalter (writer/seller of an option)
  • Risikoträger (risk carrier)

Antonyms

Hypernyms

  • Vertragspartner (contractual partner)
  • Finanzintermediär (financial intermediary)

Coordinate terms

  • Ausfallereignis (the event triggering the payout by the protection seller)
  • Basiswert (the debt instrument the seller is providing protection for)
  • Gegenparteirisiko (the risk that the protection seller becomes insolvent)
  • Kreditausfallswap (the contract between giver and taker)
  • Prämie (the fee paid to the protection seller)
  • Referenzschuldner (the entity whose risk the giver is covering)
  • sichern (to secure/protect)
  • Sicherungsgeschäft (hedging transaction)

References