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

Default risk (finance) and conodont (sh)


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).





conodont (sh)




Minute toothlike fossil composed of the mineral apatite (calcium phosphate); conodonts are among the most frequently encountered fossils in marine sedimentary rocks of Paleozoic age.

They are the remains of animals that lived 543-248 million years ago that are believed to have been small marine invertebrates living in the open oceans and coastal waters throughout the tropical and temperate zones.