Introduction to Polyurethanes: Composite Wood. Polyurethanes play a major role in todayâs modern materials such as in composite wood, which is a combination of synthetic and natural materials.
Total Return Swap (TRS) A Total Return Swap (TRS) is a bilateral financial transaction where the counterparties swap the total return of a single asset or basket of assets in exchange for periodic cash flows, typically a floating rate such as LIBOR +/- a basis point spread and a guarantee against any capital losses.
Credit Default Swaps âDefinition â¢A credit default swap (CDS) is a kind of insurance against credit risk âPrivately negotiated bilateral contract âReference Obligation, Notional, Premium (âSpreadâ), Maturity specified in contract âBuyer of protection makes periodic payments to seller of protection