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Credit risk
Risk that a borrower will be unable to meet his/her payment obligations, and that the lender will suffer a financial loss. See also bad debt risk.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Banking
- Category: Investment banking
- Company: UBS
- Product:
- Acronym-Abbreviation:
Other Languages:
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Etymology: Middle English tribut, from Latin tributum, from neuter of tributus, past participle of tribuere to allot, bestow, grant, pay, from tribus ...
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