Credit risk


 

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Credit risk

The 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 Matches

Creditor

Creditor

An individual or institution to whom a debt is owed.


Credit note

Credit note

A 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 reference agency

Credit reference agency

An agency which holds information about the credit reliability of consumers and makes the information available at a fee to companies offering credit terms (e.g. credit card companies, mail order companies).


Trade credit

Trade credit

Credit one firm grants to another firm for the purchase of goods or services.


Credit insurance

Credit insurance

Insurance against abnormal losses due to unpaid accounts receivable.


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Foreign Credit Insurance Association (FCIA)
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