See Also: Default risk(money)
Default risk(finance)
Default(money)
default(medicine)
default(2)(dictionary)
default(1)(dictionary)
Default(finance)
DEFAULT(law)
default 2, verb(dictionary)
Default interest(finance)

yarmulke (iou) and Default risk (finance)


yarmulke (iou)



yarmulke noun. Also yarmulka. E20.

A skullcap worn by male Jews.

Default risk (finance)


The risk that an issuer of a bond may be unable to make timely principal and interest payments. Also referred to as credit risk (as gauged by commercial rating companies).