What is another word for CDS?
Pronunciation: [sˌiːdˌiːˈɛs] (IPA) 
CDS, also known as a credit default swap, is a financial derivative instrument that represents a form of insurance against the risk of a borrower defaulting on their debt obligations. There are various synonyms used to describe CDS, including credit swap, default swap, and debt obligation swap. These terms generally refer to the same type of financial instrument that investors use to protect themselves against the risk of a borrower's default. Additionally, some terms like credit protection agreement, default contract, and debt security contract are also used to explain the same concept. Regardless of the specific terminology used, CDS and their synonyms remain an essential part of the global financial market.
