CREDIT RISK Definition

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CREDIT RISK is the risk of loss from an unfulfilled payment or delivery, i.e. the possibility that a borrower will default on any monies that are owed.

Learn new Accounting Terms

NET OPERATING INCOME (NOI) is income after deducting for operating expenses but before deducting for income taxes and interest.

DEPOSITS IN TRANSIT is deposits made to a bank account that have not been credited to the bank statement.

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