credit-linked note

noun

A form of funded credit derivative, structured as a security with an embedded credit default swap allowing the issuer to transfer a specific credit risk to credit investors. The issuer is not obligated to repay the debt if a specified event occurs, which eliminates a third-party insurance provider.

Meanings

nouncredit-linked note (plural credit-linked notes)

plural credit-linked notes

  1. businessA form of funded credit derivative, structured as a security with an embedded credit default swap allowing the issuer to transfer a specific credit risk to credit investors. The issuer is not obligated to repay the debt if a specified event occurs, which eliminates a third-party insurance provider.

    Synonyms: minibond, CLN

Synonyms & antonyms

nounA form of funded credit derivative, structured as a security with an embedded credit default swap allowing the issuer to transfer a specific credit risk to credit investors. The issuer is not obligated to repay the debt if a specified event occurs, which eliminates a third-party insurance provider.

Cite this entry
APA

credit-linked note. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/credit-linked%20note

MLA

“credit-linked note.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/credit-linked%20note. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “credit-linked note,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/credit-linked%20note.

Source: credit-linked note on Wiktionary, CC BY-SA 4.0.