Refinancing Risk
From Open Risk Manual
Revision as of 15:07, 8 November 2021 by Wiki admin (talk | contribs) (Created page with "== 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 g...")
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.
