Search for the definition you are looking for.
Credit valuation adjustment (CVA)
Credit valuation adjustment is a change to the market value of derivative instruments to account for counterparty credit risk. It represents the discount to the standard derivative value that a buyer would offer after taking into account the possibility of a counterparty’s default. CVA is the most widely known of the valuation adjustments, collectively known as XVA.
Click here for articles on credit valuation adjustment.