| 词汇 | catastrophe-bond |
| 释义 | catastrophe bond noun[ C ] ukus FINANCE a type of investment that pays a high rate of interest unless there is a natural disaster, such as a flood, forest fire, etc. If this happens, the investment is lost and the money is used to help the people affected Examples of catastrophe bondcatastrophe bond To date, all direct catastrophebond investors have been institutional investors, since all broadly distributed transactions have been distributed in that form. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. A catastrophebond is rated based on its probability of default due to a qualifying catastrophe triggering loss of principal. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. By year end 2006, it began to appear as though supply and demand in the reinsurance and catastrophe bond markets had achieved balance at the prevailing price level. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Catastrophe bonds are typically used by insurers as an alternative to traditional catastrophe reinsurance. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. These were the first true sidecars, and were a natural outgrowth of the development of re/insurance as an asset class in the form of catastrophe bonds. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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