In financial parlance, any failure of performance in a contractual relationship. – See default, default-loss, covenant, loan, revoked, delinquent, downgrade trigger clause, third-party due clause, third-party default clause, first-loss default clause, European Master Agreement, event of default, intercreditor agreement, money forgiven, probability of default, invoice stacking, delinquency rate, loss, default, forfeiture clause, prepayment clause, reciprocal, payment default, payment default.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/