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单词 settlement risk
释义

settlement risk

settlement risk The risk that a transaction will not be settled as expected (i.e. that an agreed delivery or payment will not be made). It is sometimes referred to as Herstatt risk after a bank of that name, which failed to honour its foreign exchange transactions in 1974. See alsocounterparty risk.

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更新时间:2024/11/14 15:06:39