{"iri":"https://spec.edmcouncil.org/fibo/ontology/DER/DerivativesContracts/DerivativesBasics/CreditDerivative","label":"credit derivative","definition":"derivative instrument that is a privately held, negotiable bilateral contract traded over-the-counter (OTC) between two parties in a creditor/debtor relationship, enabling the creditor to effectively transfer some or all of the risk of a debtor defaulting to a third party","license":"https://spdx.org/licenses/MIT","source":"fibo","source_url":"https://spec.edmcouncil.org/fibo/"}