Credit event and Term debt: Difference between pages

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imported>Doug Williamson
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imported>Doug Williamson
(Created page with "Term debt is debt which has an agreed term or maturity. Normally the term when the debt is drawn down would be greater than one year. == See also == *Debt *Term loan ")
 
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1.
Term debt is debt which has an agreed term or maturity.
 
Normally the term when the debt is drawn down would be greater than one year.
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.
 


== See also ==
== See also ==
* [[Credit]]
*[[Debt]]
* [[Credit derivative]]
*[[Term loan]]
* [[Creditworthiness]]
* [[Default]]
* [[Event risk]]
 
[[Category:Manage_risks]]

Revision as of 11:53, 30 May 2015

Term debt is debt which has an agreed term or maturity. Normally the term when the debt is drawn down would be greater than one year.

See also