luottariskissä
Luottariskissä is a Finnish term that translates to "credit risk" in English. It refers to the potential for a borrower to default on their debt obligations, causing a loss for the lender. This risk is a fundamental concept in finance and economics, impacting individuals, businesses, and governments.
Lenders, such as banks and financial institutions, assess credit risk before extending credit. This assessment typically
For businesses, credit risk can arise from customers who fail to pay for goods or services, or
Managing credit risk is crucial for financial stability. Various tools and strategies are employed, including credit