Credit event and Current account: Difference between pages

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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.
'' Economics. ''
 
As used in the national balance of payments, that section which records all transactions in goods and services between one country and the rest of the world.


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 derivative]]
* [[Current account deficit]]
* [[Creditworthiness]]
* [[Capital account]]
* [[Default]]
 

Revision as of 14:03, 14 May 2014

Economics.

As used in the national balance of payments, that section which records all transactions in goods and services between one country and the rest of the world.


See also