Difference between revisions of "Refinancing Risk"
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== Definition == | == Definition == | ||
| − | '''Refinancing Risk''' is a type of [[Credit Risk]] that applies when a [[Loan]] or other form of [[Credit]] is not [[Self | + | '''Refinancing Risk''' is a type of [[Credit Risk]] that applies when a [[Loan]] or other form of [[Credit]] is not [[Self Liquidating]] (repaid from income generated by the [[Borrower]] during the lifetime of the contract) and thus must be refinanced (succeeded by another loan) when it reaches maturity. |
[[Category:Credit Ratings]] | [[Category:Credit Ratings]] | ||
[[Category:Credit Risk]] | [[Category:Credit Risk]] | ||
Latest revision as of 15:07, 8 November 2021
Definition
Refinancing Risk is a type of Credit Risk that applies when a Loan or other form of Credit is not Self Liquidating (repaid from income generated by the Borrower during the lifetime of the contract) and thus must be refinanced (succeeded by another loan) when it reaches maturity.
