Replacement risk: Difference between revisions
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imported>Doug Williamson (Create the page. Source: ACT syllabus.) |
imported>Doug Williamson (Linked to Replacement cost risk) |
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[[Category:Financial_risk_management]] | |||
Latest revision as of 11:01, 21 March 2015
The risk of loss arising from the need to replace a contract before having paid away the principal amount.
Often quantified approximately as the expected profit foregone.
