0
Wholegrain Posted 18 years ago
Grammar
What does "for" mean here?
A credit default swap resembles an insurance policy, as it can be used by a debt holder to http://www.EnglishForward.com/wiki/Hedge_(finance), or http://www.EnglishForward.com/wiki/Insurance against a default under the debt instrument. However, because there is no requirement to actually hold any asset or suffer a loss, a credit default swap can also be used for speculative purposes and it is not generally considered insurance for regulatory purposes.
Does it mean: because of?
Does it mean: because of?
Top answer
Hi. It can be used for the purpose of speculation/as an instrument to speculate.
- Hi.
- It can be used for the purpose of speculation/as an instrument to speculate.
Get the Weekly English Kit 📬
New words, one handy idiom, and a 2-minute quiz — delivered to your inbox to keep your streak alive.
1 Answers
0
Hi.
It can be used for the purpose of speculation/as an instrument to speculate.
It can be used for the purpose of speculation/as an instrument to speculate.
0
Related Questions