• Bookmarks

    Bookmarks

  • Concepts

    Concepts

  • Activity

    Activity

  • Courses

    Courses


Default risk refers to the likelihood that a borrower will fail to meet their financial obligations, such as not making required payments on debt. This risk is a critical factor in determining the interest rates charged by lenders and the creditworthiness of borrowers, impacting both financial markets and individual lending decisions.
Relevant Degrees
History Empty State Icon

Log in to see lessons

3