Sicherungsnehmer

== German == === Etymology === Sicherung (“security/protection”) +‎ -s- +‎ Nehmer (“taker/receiver”) === Pronunciation === IPA(key): [ˈzɪçəʁʊŋsˌneːmɐ] Hyphenation: Si‧che‧rungs‧neh‧mer === Noun === Sicherungsnehmer m (strong, genitive Sicherungsnehmers, plural Sicherungsnehmer) (finance) protection buyer (the party in a credit derivative transaction that buys credit protection to transfer credit risk to another party) ==== Declension ==== ==== Synonyms ==== Absicherer (hedger) Optionskäufer (option buyer/holder) ==== Antonyms ==== Sicherungsgeber (protection seller) ==== Hypernyms ==== Vertragspartner (contractual partner) Leistungsempfänger (beneficiary/recipient of a service) ==== Coordinate terms ==== Ausfallereignis (the event triggering the payout to the protection buyer) Gegenparteirisiko (the risk that the protection buyer's counterparty fails to pay) Hedging (the strategy of reducing risk by taking an offsetting position) Kreditausfallswap (the vehicle used by the protection buyer) Prämie (the cost paid by the protection buyer for the insurance) Spekulation (the act of trading in high-risk assets for profit, common for 'naked' protection buyers) ==== Related terms ==== nehmen (to take) Sicherungsbedürfnis (need for security/protection) === References === “Sicherungsnehmer”, in Digitales Wörterbuch der deutschen Sprache‎[1] (in German) “Sicherungsnehmer” in Duden online