default risk

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Dr. Martin Luther King Jr. addresses marchers during his "I Have a Dream" speech at the Lincoln Memorial in Washington. August 28th 1963

Was Martin Luther King, Jr., a Republican or a Democrat?

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Mona Lisa, oil on wood panel by Leonardo da Vinci, c. 1503-06; in the Louvre, Paris, France. 77 x 53 cm.

Why Is the Mona Lisa So Famous?

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Brain Games: 8 Philosophical Puzzles and Paradoxes

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Nativity Scene, Adoration of the Magi, Church of the Birth of the Virgin Mary, Montenegro

Why Is Christmas in December?

default risk

economics

Learn about this topic in these articles:

types of risk

In risk
Default risk refers to the chance of a borrower’s not repaying a loan. If a banker believes that there is a small chance that a borrower will not repay a loan, the banker will charge the true interest plus a premium for the default risk,…
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