一个信用违约互换就象一张火灾保险单:持有人定期支付保险费,但是假如房屋被烧毁,就有一笔大额偿付。
A CDS works like a fire-insurance policy: the holder pays a regular premium, but if the house burns down there is a big payoff.
津贴,救济金,保险费按照工资协议、保险单或公共救助计划提供的费用或权利。
A payment made or an entitlement available in accordance with a wage agreement an insurance policy or a public assistance program.
保险单或凭证须表明理赔代理人的名称,保险费如增加10%-17%可在本证金额以外支付。
Insurance policy or certificate settling agent's name is to be indicated, any additional premium to cover uplift between 10 and 17% may be drawn in excess of the credit value.
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