Default dependence

17:28 Mar 1, 2020
English to Dutch translations [PRO]
Bus/Financial - Business/Commerce (general) / credit quality
English term or phrase: Default dependence
This is part of a translation about credit ratings and what is considered in case of rise in credit rating. One of the points is:
a high level of default dependence (i.e., the degree of exposure to common drivers of credit quality)
Is anyone familiar with the Dutch expression? I feel it is the level in which a company depends on other companies/government not defaulting.
Willemina Hagenauw
Local time: 01:12


Summary of answers provided
3afhankelijkheid van wanbetalingen
Annemarie van Campen


Discussion entries: 3





  

Answers


24 days   confidence: Answerer confidence 3/5Answerer confidence 3/5
default dependence
afhankelijkheid van wanbetalingen


Explanation:
Deze term geeft aan of een partij risico loopt door afhankelijkheid van anderen. Oftwel: als een derde partij in gebreke blijft, wat is dan het risico dat de betreffende partij ook in de problemen komt. Bij wijze van spreken een kettingreactie. Een hoog risico, is uiteraard ongewenst.

Annemarie van Campen
United Kingdom
Local time: 01:12
Specializes in field
Native speaker of: Native in DutchDutch
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