a default event that occurs when an entity fails to meet its obligation in a financial transaction. In the context of Credit Derivatives, a Credit Event is a financial event related to an entity, such as a Bankruptcy, which triggers specific protection to the non-defaulting party under the transaction.
Latham & Watkins is pleased to provide our Book of Jargon® — Hedge Funds. The Book of Jargon® — Hedge Funds
is a comprehensive glossary of hedge fund slang, legal and regulatory terminology, and acronyms.
For more information please visit: www.lw.com