Sovereign risk
Sovereign risk refers to the risk that a host government may unilaterally repudiate its foreign obligations or may prevent local firms from honoring their foreign obligations. Sovereign risk is often regarded as a subset of political risk.
Category: Banking & Finance
Previous: ← Soft currency
Next: Stripped bonds →
More from this Section
- Chartered Financial Consultant (ChFC)
Chartered Financial Consultant (ChFC) is an individual who has attained a high degree ... - Aggressive Growth Hedge Fund
Aggressive Growth Hedge Fund is in the context of hedge funds, a style of management that ... - Interest rate floor
Interest rate floor is the minimum interest rate below which the interest cost of a loan ... - Federal Reserve Bank
Federal Reserve Bank is a quasi-public institution created in 1913 by the Federal Reserve ... - Grossing up
Grossing up refers to the policy of a parent corporation that takes the full before-tax ...