Definition of “credit risk” - English Dictionary

“credit risk” in British English

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credit risknoun

uk /ˈkred.ɪt ˌrɪsk/ us /ˈkred.ɪt ˌrɪsk/

(Definition of “credit risk” from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

“credit risk” in Business English

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credit risknoun

uk us FINANCE

[ C or U ] the degree to which it is possible that a person, company, or government will not be able to pay back borrowed money:

Race, gender, and religion will not be considered in assessing credit risk.
high/increased/low credit risk Analysts say 30% of the bank's loans have a high credit risk.

[ C ] a person, company, or government considered according to how likely they are to pay back borrowed money:

bad/good/poor credit risk Lenders say that women are good credit risks, and are often better at budgeting.

[ C ] a person, company, or government that is unlikely to pay back borrowed money:

Four years ago, I was refused a store card because I was considered a credit risk.

(Definition of “credit risk” from the Cambridge Business English Dictionary © Cambridge University Press)