Credit Risk means the risk of loss or of adverse change in the financial situation, resulting from fluctuations in the credit standing of issuers of securities, counterparties and any debtors to which insurance and reinsurance undertakings are exposed, in the form of counterparty default risk, or spread risk, or market risk concentrations;
Credit Risk means the risk of loss resulting from a Customer’s failure to pay a Credit Approved Receivable on the due date solely because of the Customer’s financial inability to make such payment.
Credit Risk means the customer's failure to pay the Account in full when due on its longest maturity solely because of its financial inability to pay. If there is any change in the amount, terms, shipping date or delivery date for any shipment of goods or rendition of services (other than accepting returns and granting allowances as provided in section 8 below), you must submit a change of terms request to us, and, if such pertains to a Factor Risk Account, then we shall advise you of our decision either to retain the Credit Risk or to withdraw the credit approval. Accounts on which we bear the Credit Risk are referred to collectively as "Factor Risk Accounts", and individually as a "Factor Risk Account". Accounts on which you bear some or all of the risk as to credit are referred to collectively as "Client Risk Accounts", and individually as a "Client Risk Account".
Examples of Credit Risk in a sentence
Credit risk arising from investment in mutual funds, derivative financial instruments, bank deposits and other balances with banks is limited and there is no collateral held against these because the counterparties are banks and recognized financial institutions with high credit ratings assigned by the international credit rating agencies.
Credit risk arises primarily from financial assets such as trade receivables, investment in mutual funds, bank deposits with more than 12 months of maturities, other balances with banks, and other receivables.
Credit risk refers to risk that counterparty will default on its contractual obligations resulting in financial loss to the Company.
More Definitions of Credit Risk
Credit Risk means the risk of finan- cial loss to an Enterprise from non- performance by borrowers or other ob- ligors on instruments in which an En- terprise has a financial interest, or as to which the Enterprise has a financial obligation.
Credit Risk means the financial risk that a consumer will default on a loan.
Credit Risk means the risk of loss resulting solely and exclusively from the financial inability of your customer to pay at maturity a Receivable purchased hereunder.
Credit Risk means the risk that a counterparty, whether a participant or other entity, will be unable to fully meet its financial obligations when they fall due or at any time in the future;
Credit Risk. The risk that a customer will be financially unable to pay an Account at maturity, provided that the merchandise has been received or services rendered and accepted by the customer without Dispute.
Credit Risk means, in relation to a borrower, the risk that the borrower may not be able to meet its contractual obligations to repay the debt of the borrower;
Credit Risk means the risk of loss due to the failure of the issuer of a security.