default of financial products的意思|示意

Crippled by losses on policies insuring investors against default on exotic financial products, the firm had less than 48 hours to find sufficient cash to meet a rash of contractual obligations.

与那些奇怪的金融产品违约相比，投资人的保单损失更为致命，为了应付延续的合约义务，该公司当时只有不到四十八小时时间筹集足够的现金。

The cause of its downfall was an overly-exuberant derivatives arm, AIG Financial Products, which sold piles of credit default swaps with nary a thought for their hidden risks.

导致AIG衰落的原因是其过度扩张的从事金融衍生品的单位：aig金融产品部。该部门不顾潜在的危险，大肆出售大量信用违约互换(译者注：信用违约互换是国外债券市场中最常见的信用衍生产品)。