Credit risk
Term · Insurance and risk management · MLC-T-INS-001027
The potential for financial loss arising from a borrower's failure to repay a loan or meet contractual obligations. This risk affects lenders, investors, and businesses extending credit to customers. Insurers manage credit risk in their investment portfolios and offer products like trade credit insurance to protect clients from customer defaults.
| Identifier | MLC-T-INS-001027 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-001027",
"term": "Credit risk",
"field": "Insurance and risk management",
"definition": "The potential for financial loss arising from a borrower's failure to repay a loan or meet contractual obligations. This risk affects lenders, investors, and businesses extending credit to customers. Insurers manage credit risk in their investment portfolios and offer products like trade credit insurance to protect clients from customer defaults.",
"url": "https://mlchart.com/terminology/insurance/credit-risk/"
}
Record 829 of 3,682 in Insurance and risk management terminology (MLC-0106). Request the full dataset.