See Also: Legal risk(finance)
Legal risk(money)
LEGAL(law)
legal brief(medicine)
legal(dictionary)
legal pad(dictionary)
legal(dictionary)
Legal Age(money)
Ex legal(finance)
Ex-legal(money)

stupidity (iou) and Legal risk (finance)


stupidity (iou)



stupidity noun. M16.
[French stupidite or Latin stupiditas, from stupidus: see STUPID, -ITY.]
The quality of being slow-witted, foolish, or unintelligent. Formerly also, apathy, indifference; numbness, stupor; the condition of having one's faculties dulled. M16.
A stupid idea, action, etc. M17.
D. Rowe All the stupidities which prevent us from being ourselves.
Obstinacy. north. L19.

Legal risk (finance)


The risk associated with the impact of a defect in the documentation on cash flow or Debt service.