Capital adequacy and Credit event: Difference between pages
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imported>Doug Williamson (Update for further transition to Basel III.) |
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1. | 1. | ||
An event defined in a credit derivative agreement evidencing a weakening of the creditworthiness of a borrower, and triggering obligations under the credit derivative contract. | |||
2. | 2. | ||
Any event evidencing a weakening of creditworthiness. | |||
For example, failing to pay interest or capital under a loan agreement, or any other event of default under a loan agreement. | |||
== See also == | == See also == | ||
* [[ | * [[Credit]] | ||
* [[ | * [[Credit derivative]] | ||
* [[ | * [[Creditworthiness]] | ||
* [[ | * [[Default]] | ||
* [[ | * [[Event risk]] | ||
[[Category: | [[Category:Manage_risks]] |
Latest revision as of 12:00, 6 July 2022
1.
An event defined in a credit derivative agreement evidencing a weakening of the creditworthiness of a borrower, and triggering obligations under the credit derivative contract.
2.
Any event evidencing a weakening of creditworthiness.
For example, failing to pay interest or capital under a loan agreement, or any other event of default under a loan agreement.