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Credit risk |
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Credit riskThe risk that an issuer of debt securities or a borrower may default on its obligations, or that the payment may not be made on a negotiable instrument. Related: Default risk.Credit risk Similar MatchesDemand line of creditDemand line of creditA bank line of credit that enables a customer to borrow on a daily or on-demand basis. Credit noteCredit noteA note, issued to a person or company when goods are returned by them, which cancels the original invoice. If the invoice has been settled before the goods are returned the credit note will then entitle the holder to alternative goods (or sometimes cash) to the original value. Credit unionCredit unionA mutual association formed by people with a common affiliation such as employees, a union or a religious group in which pooled saving are made. The funds are invested for appreciation and members may borrow at competitive rates. Unified tax creditUnified tax creditA federal tax credit which may be deducted from estate tax and gift tax liability. Credit cardCredit cardAny card, plate or coupon book that may be used repeatedly to borrow money or buy goods and services on credit. Further SuggestionsBank Letter of Credit PolicyFederal Farm Credit Bank Credit averse Consumer Credit Protection Act of 1968 Crediting rate Export Credits Guarantee Department Export credit insurance secured creditor Syndicated Eurocredit loans Credit history credit reference agency Transferable letter of credit credit card Eurocredit market Credit period Credit spread Time Letter of Credit Bank Letter of Credit Policy Credit Standards Credit agencies Export credit National Credit Union Administration Revocable letter of credit Financial institution buyer credit policy Letter of credit (LOC) |
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