A general term used to designate the risk that settlement in a transfer system will not take place as expected. This risk may comprise both credit and liquidity risks.
See also:
A general term used to designate the risk that settlement in a transfer system will not take place as expected. This risk may comprise both credit and liquidity risks.
See also:
European Central Bank English Glossary. Английский глоссарий Европейского Центрального Банка. 2012