The risk that a foreign debtor will be unable to pay its debts because of business events, such as bankruptcy.
Similar Matches
Commercial bank
Commercial bank Bank that offers broad range of deposit accounts, including checking, savings and time deposits and extends loans to individuals and business. Commercial banks can be contrasted with investment banking firms, such as brokerage firms, which generally are involved in arranging for the sale of corporate or municipal securities.
Commercial hedgers Companies that take futures positions in commodities so that they can guarantee prices at which they will buy raw materials or sell their products.