See Also: Default risk(money)
Default risk(finance)
DEFAULT(law)
default(medicine)
Default(finance)
default(2)(dictionary)
Default(money)
default(1)(dictionary)
Default premium(finance)
Default premium(money)

Default risk (finance)


The risk that an issuer of a bond may be unable to make timely principal and interest payments. Also referred to as credit risk (as gauged by commercial rating companies).