credit default

简明释义

不偿还贷款债务

英英释义

例句

1.Investors are worried about the possibility of credit default among emerging market bonds.

投资者担心新兴市场债券可能发生信用违约。

2.The bank implemented stricter lending criteria to minimize the risk of credit default.

为了减少信用违约的风险，银行实施了更严格的贷款标准。

3.To protect against credit default, many investors purchase credit default swaps.

为了防范信用违约，许多投资者购买信用违约掉期。

4.The rating agency downgraded the country’s bonds due to rising credit default risks.

由于信用违约风险上升，评级机构下调了该国债券的评级。

5.A credit default can severely impact a company's reputation and future borrowing capacity.

信用违约可能会严重影响公司的声誉和未来的借款能力。

作文

Understanding the concept of credit default is crucial in the financial world, especially for investors and borrowers alike. A credit default occurs when a borrower fails to make the required payments on their debt obligations. This situation can arise from various circumstances, including economic downturns, loss of income, or poor financial management. The implications of a credit default can be significant, not just for the individual borrower but also for lenders and the broader economy.When a borrower defaults, it can lead to severe consequences such as foreclosure, bankruptcy, or damage to their credit score. For lenders, a credit default represents a loss of expected revenue and can impact their liquidity and overall financial stability. In many cases, lenders may be forced to write off the debt, which affects their profitability and can lead to higher interest rates for future borrowers.The ripple effects of a credit default extend beyond individual cases. When multiple borrowers default simultaneously, it can trigger a financial crisis, as seen during the 2008 financial meltdown. The housing market collapse was largely fueled by widespread credit defaults on subprime mortgages, leading to significant losses for banks and investors worldwide. This event underscores the importance of managing credit risk effectively.To mitigate the risks associated with credit default, lenders often conduct thorough credit assessments before approving loans. They evaluate a borrower's credit history, income level, and overall financial health to determine their ability to repay the loan. Additionally, lenders may require collateral or co-signers to reduce their exposure to potential defaults.For borrowers, understanding how to avoid credit default is essential for maintaining financial health. This involves budgeting wisely, living within one's means, and ensuring that they have an emergency fund to cover unexpected expenses. By making timely payments and communicating with lenders about any financial difficulties, borrowers can often negotiate more favorable terms and avoid the pitfalls of default.In conclusion, credit default is a critical concept that impacts not only individual borrowers but also the financial system as a whole. Awareness and proactive measures can help both lenders and borrowers navigate the complexities of credit and minimize the risks associated with defaults. A strong understanding of this term can empower individuals to make informed financial decisions and contribute to a more stable economic environment.

了解信用违约的概念在金融世界中至关重要，特别是对于投资者和借款人来说。信用违约发生在借款人未能按时偿还其债务义务时。这种情况可能由于多种原因引起，包括经济衰退、收入损失或糟糕的财务管理。信用违约的影响可能是显著的，不仅对个人借款人有影响，也对贷方和更广泛的经济产生影响。当借款人违约时，可能会导致严重的后果，例如止赎、破产或信用评分受损。对于贷方来说，信用违约代表着预期收入的损失，并可能影响他们的流动性和整体财务稳定性。在许多情况下，贷方可能被迫注销债务，这会影响他们的盈利能力，并可能导致未来借款人的利率上升。信用违约的连锁反应超出了个别案例。当多个借款人同时违约时，可能会引发金融危机，就像2008年的金融崩溃一样。住房市场的崩溃在很大程度上是由于次级抵押贷款的广泛信用违约引起的，导致全球银行和投资者遭受重大损失。这一事件强调了有效管理信用风险的重要性。为了减轻与信用违约相关的风险，贷方通常在批准贷款之前进行彻底的信用评估。他们评估借款人的信用历史、收入水平和整体财务状况，以确定其还款能力。此外，贷方可能要求抵押品或共同签署人，以减少他们面临的潜在违约风险。对于借款人来说，了解如何避免信用违约对于维持财务健康至关重要。这涉及明智地预算、量入为出，并确保他们有应急基金来覆盖意外开支。通过按时付款和与贷方沟通任何财务困难，借款人通常可以协商更有利的条款，避免违约的陷阱。总之，信用违约是一个关键概念，影响的不仅是个人借款人，还有整个金融体系。意识到这一点并采取积极措施可以帮助贷方和借款人驾驭信用的复杂性，并最大程度地降低与违约相关的风险。对这一术语的深入理解可以使个人做出明智的财务决策，并为更稳定的经济环境做出贡献。