Business Terms and Jargon Explained

What is Default risk

The risk of failure by a party to fulfil its obligations on a loan repayment, future or options contract when they fall due.

Crown Copyright. Material taken from HM-Treasury. Reproduced under the terms and conditions of the Click-Use Licence.

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Somoni IANAL HTML
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Net Assets De jure fringe benefits
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Term created / updated 2007-05-15 13:17:45

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