Replacement risk: Difference between revisions
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imported>Doug Williamson (Create the page. Source: ACT syllabus.) |
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* [[Credit risk]] | * [[Credit risk]] | ||
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[[Category:Identify_and_assess_risks]] | |||
Revision as of 10:59, 21 March 2015
The risk of loss arising from the need to replace a contract before having paid away the principal amount.
Often quantified approximately as the expected profit foregone.
