credit event

From Wiktionary, the free dictionary
Jump to navigation Jump to search

English[edit]

Noun[edit]

credit event (plural credit events)

  1. (finance) 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.
Retrieved from "https://en.wiktionary.org/w/index.php?title=credit_event&oldid=41584211"