noun
Meaning 1
The risk of loss due to a debtor's nonpayment or delayed payment of a financial obligation, such as an account payable, a loan or other line of credit.
Definition source: English Wiktionary via Wiktextract
Usage: countable, uncountable
Topics: business, finance
No example sentence was provided for this meaning.
Meaning relationships
Synonyms: none provided
Antonyms: none provided