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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Debenture Objective Aggregates Levy
Hash Function ATM Rights Issues
Sale and Leaseback JIT Administrator
Faciendum Process Unlawful
Auction Bailment Vendor
Double Entry Accounting Contributions Agency N5 Civil Court form
LTV Testimony Procurator
KBPS The Crown Ex-Works
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Enterprise Comparative Advantage Apportionment
Bolivar Helicopter View Mergers and Acquisitions
Non compus mentis Kickback Employees
Quick wins Budget account Vicarious Liability

Term created / updated 2007-05-15 13:17:45

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