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What does CDS mean?

Looking for the meaning or definition of the word CDS? Here's what it means.

Initialism
  1. (finance) credit default swap
  2. (linguistics) child-directed speech, a simplified form of speech used by adults when talking to infants
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Examples
Because it was highly tractable, it rapidly came to be used by a huge percentage of CDO and CDS investors, issuers, and rating agencies.
The 2006 Dana CDS Index Protocol offers market participants an efficient way to settle trades on credit derivative indices that include Dana Corp.
The CDS, along with the Permanent Under Secretary, are the principal advisers to the departmental minister.
Corporate bond spreads generally widened slightly, with auto bond and CDS spreads moderately wider this week.
Egyptian five-year CDS hit a peak of 450 bps last Monday, fuelled by political unrest in the country.
The basic CDS transaction involved AIG receiving a premium in exchange for a promise to pay money to party A in the event party B defaulted.

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