Interest rate risk and Recourse: Difference between pages

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The risk associated with a change in interest rates.  
''1. Law''
 
This may take several forms; increasing interest cost, changing market value of debt or of pensions liabilities, differences in competitiveness, or the changing nature of a market when interest rates change.
A right of redress should a bill of exchange or other debt be dishonoured at its maturity.  
 
For example, a claim against an earlier holder of the bill.
 
2.
 
More generally, seeking assistance or help from a third person or entity.
 


== See also ==
== See also ==
* [[Asset-liability management]]
* [[Acquirer]]
* [[Exposure]]
* [[Bill of exchange]]
* [[Interest rate]]
* [[Factoring]]
* [[Matching]]
* [[Forfaiting]]
* [[Risk free rate of return]]
* [[Non-recourse]]
* [[Time bins]]
* [[Project finance]]
* [[Recourse finance]]
 

Revision as of 14:25, 5 February 2014

1. Law

A right of redress should a bill of exchange or other debt be dishonoured at its maturity.

For example, a claim against an earlier holder of the bill.

2.

More generally, seeking assistance or help from a third person or entity.


See also