credit risk
Noun
The possibility (risk) of financial loss of a creditor (lender, lessor, supplier) arising from the failure of a debtor (borrower, lessee, customer) to meet its financial obligation to pay interest or repay the debt when due.
The possibility (risk) of financial loss of a creditor (lender, lessor, supplier) arising from the failure of a debtor (borrower, lessee, customer) to meet its financial obligation to pay interest or repay the debt when due.
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