See Also: Replacement risk(finance)
Replacement Value(money)
replacement(dictionary)
Replacement value(finance)
replacement(dictionary)
hip replacement(medicine)
Replacement(medicine)
arthroplasty, replacement(medicine)
Replacement cost(finance)
metasomatic replacement(encyclopedia)

Replacement risk (finance)


A type of risk resulting from a situation in which the holder of a contract knows that the counter party will be unable to meet the terms of a contract, and thus a new replacement contract will have to be entered into.