Event risk
From ACT Wiki
1.
Refers to the risk of the credit of a borrower deteriorating, due to a change in circumstances.
2.
The risk of adverse effects resulting from events whose source is external to an organisation.
1.
Refers to the risk of the credit of a borrower deteriorating, due to a change in circumstances.
2.
The risk of adverse effects resulting from events whose source is external to an organisation.