FIRST-TO-DEFAULT SWAP

\fˈɜːsttuːdɪfˈɒlt swˈɒp], \fˈɜːsttuːdɪfˈɒlt swˈɒp], \f_ˈɜː_s_t_t_uː_d_ɪ_f_ˈɒ_l_t s_w_ˈɒ_p]\

Definitions of FIRST-TO-DEFAULT SWAP

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1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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Board of Admiralty

  • organized by Continental Congress, October 28, 1779, from earlier more numerous Committee. consisted two members Congress five others and had charge of all naval marine affairs. It was abolished February 7, 1781, upon the creation Secretary Marine.
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