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credit default

Portuguese translation: (risco de) incumprimento de crédito

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:credit default
Portuguese translation:(risco de) incumprimento de crédito
Entered by: Luiza Modesto

09:32 Jan 13, 2013
English to Portuguese translations [PRO]
Bus/Financial - Economics
English term or phrase: credit default
As a result, borrowers (especially the most leveraged ones) will experience a sharp contraction in their net worth, which in turn will precipitate credit defaults, margin calls and liquidity squeezes.
RoCarvalho
(risco de) incumprimento de crédito
Explanation:
(risco de) incumprimento de crédito

In finance, default occurs when a debtor has not met his or her legal obligations according to the debt contract, e.g. has not made a scheduled payment, or has violated a loan covenant (condition) of the debt contract. A default is the failure to pay back a loan.[1] Default may occur if the debtor is either unwilling or unable to pay his or her debt. This can occur with all debt obligations including bonds, mortgages, loans, and promissory notes.
http://en.wikipedia.org/wiki/Default_(finance)

http://tinyurl.com/befbtfk
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Luiza Modesto
Brazil
Local time: 05:15
Grading comment
Selected automatically based on peer agreement.
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +3(risco de) incumprimento de crédito
Luiza Modesto


  

Answers


2 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +3
(risco de) incumprimento de crédito


Explanation:
(risco de) incumprimento de crédito

In finance, default occurs when a debtor has not met his or her legal obligations according to the debt contract, e.g. has not made a scheduled payment, or has violated a loan covenant (condition) of the debt contract. A default is the failure to pay back a loan.[1] Default may occur if the debtor is either unwilling or unable to pay his or her debt. This can occur with all debt obligations including bonds, mortgages, loans, and promissory notes.
http://en.wikipedia.org/wiki/Default_(finance)

http://tinyurl.com/befbtfk

Luiza Modesto
Brazil
Local time: 05:15
Native speaker of: Native in EnglishEnglish, Native in PortuguesePortuguese
PRO pts in category: 16
Grading comment
Selected automatically based on peer agreement.
Notes to answerer
Asker: Obrigada.


Peer comments on this answer (and responses from the answerer)
agree  Cristiana Veleda
18 mins
  -> Thanks. :)
agree  Marlene Curtis
1 hr
  -> Thanks. :)
agree  Leonor Machado
3 hrs
  -> Thanks. :)
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