Credit default swaps, he points out, simply allow lenders to offload the risk of a default on a loan to someone else who, for a price, is willing to take on this risk.

他指出，信用违约交换，简单地讲，就是让贷款人卸下贷款的违约风险，转移给一个愿意以某种价格承担这项风险的人。

youdao

Besides market risks, Goldman also assesses credit risks, based on whether a counterparty might default on a loan or fail to honour a derivative contract, and liquidity risk.

除了市场风险，高盛也评估业务相对方拖欠贷款或衍生合同违约所带来的信用风险，以及流动性风险。

youdao

A provisions in a bond indenture or loan agreement that puts the borrower in default if the borrower defaults on another obligation.

债券或贷款协议条款，规定若借方对另一项债务责任违约即会被视为对协议中的债务责任违约。

youdao

That system included the likelihood the person would repay or default on a loan based on statistics rather than the judgment of a loan officer or individual lender.

FORBES: Predicting the Path Out of Poverty: Microfinance & Credit Risk Analysis

Ongoing relationships with community banks have also helped Sageworks develop a statistically based model predicting the probability that, within a year, a business will default on a loan.

FORBES: Two signs private companies are stronger

One company, Pasadena-based Paula Financial, is in technical default on a bank loan.

FORBES: Follow-Through