|
|
Credit risk |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
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 MatchesEvergreen creditEvergreen creditRevolving credit without maturity. Bank creditBank creditThe maximum credit an individual may secure from his/her bank. Pension creditPension creditA state benefit due to be introduced in 2003 which is intended to reward people who have saved for their retirement. Pensioners will receive a credit of 60p for each pound derived from a source other than the basic state pension, subject to an overall income limit of £135 per week for a single pensioner and £200 for pensioner couples. Credit averseCredit averseWhen a borrower has a poor credit history, has previously been declared bankrupt or has outstanding County Court Judgements, they are often described as credit averse. People with averse credit ratings often have to pay higher interest rates on a mortgage. Financial institution buyer credit policyFinancial institution buyer credit policyInsurance coverage for loans by banks to foreign buyers of exports. Further SuggestionsStandby letter of creditConfirmed Letter of Credit Trade credit Comparative credit analysis Credit spread Eurocredit market Usance Letter of Credit Export credit Credit Unconfirmed Letter of Credit secured creditor Commercial letters of credit Revolving credit agreement Export Credits Guarantee Department Credit union credit reference agency Credit rating Credit balance National Foundation for Consumer Credit Credit history full faith and credit Line of credit Full faith and credit obligations Export credit insurance credit |
|
|
|