Quality Spread Differential (QSD) arises during an interest rate swap in which two parties of different levels of creditworthiness experience different levels of interest rates of debt obligations. A positive QSD means that a swap is in the interest of both parties.
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Famous quotes containing the words quality, spread and/or differential:
“Anybody who knows the difference between the kind of conversation you have walking in the woods and the kind of conversation you have between the segments of a show on Nickelodeon can tell you that quality time exists. Quality time is when you and your child are together and keenly aware of each other. You are enjoying the same thing at the same time, even if it is just being in a room or going for a drive in the car. You are somehow in tune, even while daring to be silent together.”
—Louise Lague (20th century)
“The philanthropist too often surrounds mankind with the remembrance of his own cast- off griefs as an atmosphere, and calls it sympathy. We should impart our courage, and not our despair, our health and ease, and not our disease, and take care that this does not spread by contagion.”
—Henry David Thoreau (1817–1862)
“But how is one to make a scientist understand that there is something unalterably deranged about differential calculus, quantum theory, or the obscene and so inanely liturgical ordeals of the precession of the equinoxes.”
—Antonin Artaud (1896–1948)