sovereign risk

Definition

Probability that the government of a country (or an agency backed by the government) will refuse to comply with the terms of a loan agreement during economically difficult or politically volatile times. Although sovereign nations don't "go broke," they can assert their independence in any manner they choose, and cannot be sued without their assent. Sovereign risk was a significant factor during 1970s after the oil shock when Argentina and Mexico almost defaulted on their loans which had to be rescheduled.

单词	sovereign risk
释义	sovereign risk Definition Probability that the government of a country (or an agency backed by the government) will refuse to comply with the terms of a loan agreement during economically difficult or politically volatile times. Although sovereign nations don't "go broke," they can assert their independence in any manner they choose, and cannot be sued without their assent. Sovereign risk was a significant factor during 1970s after the oil shock when Argentina and Mexico almost defaulted on their loans which had to be rescheduled.
随便看	loop loophole loose cargo loose monetary policy losing the points losing your shirt loss loss adjustment expense loss adjustor loss assessment charge loss assessor loss carryback loss carryforward loss constant loss contingency loss control loss damage waiver (LDW) loss development loss development factor loss disallowance rule (LDR) losses incurred losses outstanding losses paid loss expectancy loss frequency