Key Terms

Average; CDS; Credit Default Swap; Credit Premium; Credit Risk; Credit Swap; Debt; Default; Default Premium; Default Risk; Equity; Expected Value; Fair Bet; Investment Grade; Junk; Leverage; Levered Equity; Levered Ownership; Limited Liability; Liquidity Premium; Loan; Mean; Moody's; No-recourse Loan; OTC; Over-the-counter; PayoffTable; Probability Distribution; Promised Interest Rate; Promised Rate Of Return; Quoted Interest Rate; Random Variable; Realization; Reward; Risk; Risk Premium; Riskneutral; Scenario Analysis; Sensitivity Analysis; Solvent; Speculative Grade; Standard&Poor's; State Table; Stated Interest Rate; Stock.

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