Meanings
nouncredit default option (plural credit default options)
plural credit default options
- businessA put option that makes a payoff in the event the issuer of a specified reference asset defaults.
Synonyms: default option, credit default swap
Synonyms & antonyms
nounA put option that makes a payoff in the event the issuer of a specified reference asset defaults.
Similar
default optioncredit default swap
Cite this entry
APA
credit default option. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/credit%20default%20option
MLA
“credit default option.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/credit%20default%20option. Accessed November 5, 2026.
Chicago
WatkinsX Dictionary, s.v. “credit default option,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/credit%20default%20option.
Source: credit default option on Wiktionary, CC BY-SA 4.0.