Errata as of September 2008 for Structured Finance and Collateralized Debt Obligations, John Wiley & Sons, 2008, by Janet Tavakoli. ISBN 0470 288948 Hardcover, 453 pages.
On P. 2, the last full paragraph first sentence reads (bold emphasis added):
Credit derivative is the generic term for any derivative contract used to transfer credit risk on a reference entity or reference obligor between a credit protection seller that is short the credit risk, and a credit protection buyer that is long the credit risk.
This should read:
Credit derivative is the generic term for any derivative contract used to transfer credit risk on a reference entity or reference obligor between a credit protection seller that is long the credit risk, and a credit protection buyer that is short the credit risk.