Sovereign default — A sovereign default is the failure or refusal of the government of a sovereign state to pay back its debt in full. It may be accompanied by a formal declaration of a government not to pay (repudiation) or only partially pay its debts (due… … Wikipedia
sovereign default — /sɒvrən dəˈfɔlt/ (say sovruhn duh fawlt) noun the default of a government on a sovereign debt …
Default trap — The default traps in sovereign borrowing refers to the idea that once a country falls into a default, it is more likely to default again in the future, compared to another country with identical future output ability. The idea of default traps is … Wikipedia
Default (finance) — Finance Financial markets Bond market … Wikipedia
Sovereign bond — A sovereign bond is a bond issued by a national government. Bonds issued by national governments in the country s own currency are also referred as government bonds.Nations with very high or unpredictable inflation or with unstable exchange rates … Wikipedia
Default Model — A type of model used by financial institutions to determine the likelihood of a default on credit obligations by a corporation or sovereign entity. These statistical models often use regression analysis (analyzing changes to certain market… … Investment dictionary
Sovereign risk — The risk that a central bank will impose foreign exchange regulations that will reduce or negate the value of FX contracts. Also refers to the risk of government default on a loan made to it or guaranteed by it. The New York Times Financial… … Financial and business terms
sovereign risk — The risk that a central bank will impose foreign exchange regulations that will reduce or negate the value of foreign exchange contracts. Also refers to the risk of government default on a loan made to a country or guaranteed by it. The… … Financial and business terms
Sovereign Bond — A debt security issued by a national government within a given country and denominated in a foreign currency. The foreign currency used will most likely be a hard currency, and may represent significantly more risk to the bondholder. The… … Investment dictionary
Sovereign Immunity — The right of a state not to be sued and its protection from seizure of assets in the event of a loan default … Financial and business terms