default risk

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References

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Marriage. A couple getting married during a church wedding ceremony. (religion, ceremony, bride, groom)

The Seven Sacraments of the Roman Catholic church

Battle of the Alamo from "Texas: An Epitome of Texas History from the Filibustering and Revolutionary Eras to the Independence of the Republic, 1897. Texas Revolution, Texas revolt, Texas independence, Texas history.

6 Wars of Independence

Illustration for Demystified "How Dangerous is Quicksand"

How Deadly Is Quicksand?

Small, white rat (genus Rattus) on a glass table. (rodent, laboratory, experiment)

Cruel and Unusual Punishments: 15 Types of Torture

Two chicks near an egg with a white background (poultry, chick, chickens, birds).

What Do Eggs Have to Do with Easter?

illustration of the walking titanosaurus, Patagotitan mayorum

Titanosaurs: 8 of the World's Biggest Dinosaurs

Ahura Mazda - relief of the Zoroastrian god Ahura Mazda at the ancient ruins of Persepolis in Iran. Also known as Ormazd Zoroastrianism,

Which Religion Is the Oldest?

default risk

economics

Learn about this topic in these articles:

types of risk

In risk
Default risk refers to the chance of a borrower’s not repaying a loan. If a banker believes that there is a small chance that a borrower will not repay a loan, the banker will charge the true interest plus a premium for the default risk,…
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