counterparty credit risk
48(in accordance with Part 1 of Annex III of the Banking Consolidation Directive (Definitions)) the risk that the counterparty to a transaction could default before the final settlement of the transaction's cash flows.
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48(in accordance with Part 1 of Annex III of the Banking Consolidation Directive (Definitions)) the risk that the counterparty to a transaction could default before the final settlement of the transaction's cash flows.