credit event

English - English

Definition of credit event in English English dictionary

A significant default on a financial instrument or some other financial occurrence, such as bankruptcy, restructuring, repudiation, or moratorium, or failure to pay some other obligation, such as taxes

Hyphenation

cred·it e·vent

Turkish pronunciation

kredıt ivent

Pronunciation

/ˈkredət ēˈvent/ /ˈkrɛdət iːˈvɛnt/