Feedback
Credit event
Meaning
Noun
●
In Finance:
A significant
default
on a
financial instrument
or some other financial
occurrence
, such as
bankruptcy
,
restructuring
,
repudiation
, or
moratorium
, or
failure
to
pay
some other
obligation
, such as taxes.
Sourced from
Wiktionary
Join 10 million students and professionals writing 70% faster at QuillBot.com
Start writing better