Riskless definition

Riskless in this context means that the value of the deposit etc does not vary with the financial health of the bank
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Riskless derivative in this paper means a financial derivative without considering counterparties’ default risk.
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Examples of Riskless in a sentence

  • Further BitGo Prime is not obligated to price a Transaction equal to a corresponding Riskless Principal Transaction.

  • In the above example for the Riskless model, the model ignored the probability of the prices hitting the level of Rs.110 or Rs.90.

  • BitGo Prime may contemporaneously engage in offsetting Transaction(s) with a third party(ies) (a “Riskless Principal Transaction’), and when engaging in such Riskless Principal Transactions, BitGo Prime is not obligated to identify the ultimate source of liquidity.

  • Riskless principal transactions occur where CES has received an order to buy (sell) a security and then CES purchases (sells) the security as principal at the same price to facilitate the order to buy (sell).