Events of default

Contractually specified events that allow lenders to demand immediate repayment of a debt. The New York Times Financial Glossary

Financial and business terms. 2012.

Look at other dictionaries:

  • events of default — contractually specified events that allow lenders to demand immediate repayment of a debt. Bloomberg Financial Dictionary …   Financial and business terms

  • Default-Klausel — Die Default Klausel (engl. default = „Leistungsstörung, Verzug“) ist eine Vereinbarung in internationalen Anleihebedingungen oder in Kreditverträgen, wonach der Gläubiger das Recht eingeräumt bekommt, den Anleihe oder Kreditbetrag sofort fällig… …   Deutsch Wikipedia

  • Default-Klausel — 1. Begriff: Kündigungsmöglichkeit für den Kreditgeber (Gläubigerbank) gegenüber säumigen Schuldnern von Kredit und Anleiheverträgen am Euromarkt nach angloamerikanischem Vertragsrecht. 2. Kündigungsgründe (Events of Default): Nichtzahlung… …   Lexikon der Economics

  • Events in Rome — An incomplete list of events in Rome, Italy.April* Roma Sana Mediterranean Trade Fair for Natural Products with exhibitions of biological products, conferences and tasting.June* Republic Day Military parade celebrating the formation of the… …   Wikipedia

  • event of default — Certain specified events specified in loan and other documentation which might jeopardise a lender s or investor s position. If they occur the lender or investor is allowed to withdraw and claim earlier repayment of indebtedness. Easyform… …   Law dictionary

  • Event Of Default — An action or circumstance that causes a lender to demand full repayment of an outstanding balance sooner than it was originally due. In many agreements, the lender will include a contract provision covering events of default to protect itself in… …   Investment dictionary

  • event of default — An event described in a promissory note, security agreement, or loan agreement that triggers rights of the lender to take remedies set forth in the documents. The most common event of default is the debtor s failure to make required interest… …   Financial and business terms

  • event of default — A critical clause in a loan agreement, the breaching of which will make the loan repayable immediately. The breaching of any covenant clause will be an event of default. Events of default also include failure to pay, failure to perform other… …   Accounting dictionary

  • event of default — In a loan agreement, a specified occurrence that will make the loan repayable immediately. The breaching of any covenant clause will be an event of default. Events of default also include failure to pay, failure to perform other duties and… …   Big dictionary of business and management

  • Credit default swap — If the reference bond performs without default, the protection buyer pays quarterly payments to the seller until maturity …   Wikipedia

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