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A measure of the degree of linear association between a pair of random variables.
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Fixed-income instruments whose price depends in large part upon judgments of the creditworthiness of a corporation or government.
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The risk that a borrower will default on any type of debt by failing to make required payments and that the corresponding lender suffers a loss.
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The Credit Value Adjustment, or CVA for short, is the difference between the risk free value and the value including counterparty risk of a contract or portfolio.
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Questions about handling, obtaining, generating, or analyzing all types of financial or economic data.
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