Template:Nutshell Credit Derivatives Buyer and Seller
Section 1.3. “Buyer” is the Fixed Rate Payer; that is, the one who benefits from credit protection.
Section 1.4. “Seller” is the Floating Rate Payer; that is, the one who provides the credit protection.
Section 12.6. “Fixed Rate Payer” will be specified in the Confirmation.
Section 12.16. “Floating Rate Payer” will be specified in the Confirmation.