credit event
credit event · credit events
A significant default on a financial instrument or some other financial occurrence,…A significant default on a financial instrument or some other financial occurrence, such as bankruptcy, restructuring, repudiation, or moratorium, or failure to pay some other obligation, such as taxes.
Meaning
1 sensesA significant default on a financial instrument or some other financial occurrence, such as bankruptcy, restructuring, repudiation, or moratorium, or failure to pay some other obligation, such as taxes.
Forms
plural: credit events| Singular | credit event |
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| Plural | credit events |
regular