Character

1. Credit analysis - credit risk management.

In the context of credit quality analysis, character means the choices and behaviour of a borrower, relevant to the evaluation of risk for a lender or investor.

Evaluation of the borrower's character will usually be based heavily on the borrower's track record of behaviour.

For example, in the case of a bond issuer, the issuer's past treatment of bondholders would be highly relevant information.

2. Professional competence - independence - directors.

Enduring qualities of an individual's personality, usually in a positive sense.

For example a senior independent director needs to have the very highest degrees of independence of character and judgement.

3. Intellectual property - copyright.

A fictional - or heavily fictionalised - person in a creative work, mythology or folklore.

For example Robin Hood.

Sometimes extended to non-human characters, especially in animations.

4. Qualities of any entity.

Enduring qualities of any entity.

For example in international debt factoring, it is common to involve two debt factors - one in each country - because of the international character of the debt.

5. Electronic communication and writing.

An individual letter, number or other symbol.

For example, in the ISO currency code USD, the third character is 'D' (meaning 'dollars' in this context).

See also

• 4Cs of credit
• 5Cs of credit
• Bondholder
• Borrower
• Capacity
• CCCCCC
• Collateral
• Commercial credit risk
• Competence
• Counterparty risk
• Covenant
• Credit
• Credit analysis
• Credit concentration risk
• Credit default swap
• Credit derivative
• Credit exposure
• Credit migration risk
• Credit quality
• Credit rating
• Credit rating agency
• Credit rating risk
• Credit risk
• Credit risk management
• Credit spread risk
• Credit spread risk in the banking book
• Debt
• Debt factor
• Default
• Director
• Dollar
• Event risk
• Framework
• Gravitas
• High-yield
• Independence
• International factoring
• Investor
• ISO currency code
• Issuer
• Judgement
• Lender
• Loss Given Default (LGD)
• Obligation
• Operational risk
• Optical character recognition
• Pre-settlement risk
• Price risk
• Principal risk
• Probability of Default (PD)
• Replacement cost risk
• Reputational risk
• Risk mitigation
• Robin Hood tax
• Senior independent director (SID)
• Sovereign risk
• Transaction risk
• USD