---
title: "Credit protection: what it means · The AI Compute Race · DRYBURGH"
source: https://dryburgh.com/vol1/glossary/credit-protection
description: "Credit protection: A contract that pays out if a borrower defaults, a credit default swap, written CDS in the Scorecard."
---

# Credit protection

What does “Credit protection” mean?

Credit protectionA contract that pays out if a borrower defaults, a credit default swap, written CDS in the Scorecard. Its price, in basis points a year, is the market’s reading of the borrower’s risk. *Chapter 12.*

From *The AI Compute Race*. [Read the book](https://dryburgh.com/vol1#buy)

## Where the book uses it

- [Chapter 12 — Cross-Examination](https://dryburgh.com/vol1/notes/chapter-12)The book’s own thesis put on trial: five claims, each scored against the record and given a dated test that could prove it wrong.

## Where the record uses it

- Scorecard indicator [Oracle 5-year credit default swap (CDS, credit protection)](https://dryburgh.com/vol1/scorecard#row-25)

## Related terms

- [CDS](https://dryburgh.com/vol1/glossary/cds)
- [Abilene](https://dryburgh.com/vol1/glossary/abilene)
- [Announced against energized](https://dryburgh.com/vol1/glossary/announced-against-energized)
- [Campus ledger](https://dryburgh.com/vol1/glossary/campus-ledger)
- [Consent as a race](https://dryburgh.com/vol1/glossary/consent-as-a-race)
- [Conversion, prevention](https://dryburgh.com/vol1/glossary/conversion-prevention)
- [Cross-examination](https://dryburgh.com/vol1/glossary/cross-examination)
- [Destructive finance](https://dryburgh.com/vol1/glossary/destructive-finance)
- [Evidenced](https://dryburgh.com/vol1/glossary/evidenced)
- [Falsifier](https://dryburgh.com/vol1/glossary/falsifier)
- [H100](https://dryburgh.com/vol1/glossary/h100)
- [IT load](https://dryburgh.com/vol1/glossary/it-load)

From the glossary of The AI Compute Race.

- [Campuses](https://dryburgh.com/vol1/ledger)
- [Tests](https://dryburgh.com/vol1/tests)
- [Scorecard](https://dryburgh.com/vol1/scorecard)
- [Data](https://dryburgh.com/vol1/data/releases)
- [Chapter by chapter](https://dryburgh.com/vol1/companion)
- [The record at a glance](https://dryburgh.com/vol1/observatory)
- [The machine](https://dryburgh.com/vol1/machine)
- [One campus, four futures](https://dryburgh.com/vol1/hyperion)
- [Glossary](https://dryburgh.com/vol1/glossary)
- [People](https://dryburgh.com/vol1/people)
- [Sources](https://dryburgh.com/vol1/sources)
- [Notes](https://dryburgh.com/vol1/notes)
- [Where the book was wrong](https://dryburgh.com/vol1/corrections)
- [Where its sources were wrong](https://dryburgh.com/corrections?book=vol1)
- [The Paper](https://dryburgh.com/vol1/paper)
- [Consent](https://dryburgh.com/vol1/consent)
- [Who builds and pays](https://dryburgh.com/vol1/parties)

*The AI Compute Race: Five Races, One Machine* is a book by Lee S. Dryburgh, the first volume of THE COMPUTE ECONOMY, published by Dryburgh, an imprint of Contestra OÜ, Tallinn, Estonia; its record closes on 8 November 2026.

[About the book](https://dryburgh.com/vol1)[Tell me when it is out](https://dryburgh.com/vol1#notify)