易混淆的单词： CDS

In theory , cds work like insurance contracts .

理论上，CDS的作用就像是保险合同。

And cds and dvds go for pennies .

而CD和DVD只要几分钱。

The new financial regulations state that most cds trades will have to be run through a clearinghouse .

多德-弗兰克法案规定，大多数CDS交易将必须经过一家清算所。

Another way is to simply take out an offsetting cds .

另一种方式则是建立反向CDS。

Yet cds models tend to assume a fixed recovery rate .

然而cds模型往往假设一个固定的收复率。