The likelihood that another entity involved in a transaction may not be able to complete its legal obligations.

The risk that a foreign government will default on its bonds or other financial commitments.

A measure of the degree to which returns on two investments move in tandem; a positive covariance means that investment returns move together, while a negative covariance means inv ...

A legally-binding clause that requires an investment to meet certain conditions, e.g. a loan may have covenants that require the borrower to have certain Debt Yield, Debt Service C ...

A short-term loan arrangement provided by a bank to a fund secured again the investors’ commitments in the fund.

The risk of loss that may occur from the failure of any party to abide by the terms and conditions of any financial contract, principally the failure to make required payments on l ...

A tenant with the size and financial strength worthy enough of being rated as investment grade by one of the major credit agencies.

Space that is flexible in terms of what it can be used for (for example, space that could be utilized for industrial or office activities); also known as “flex space”.

A specified timeframe during which a borrower that has gone into technical default on a contractual payment is permitted to submit payment without further prejudice, and without be ...

The potential risk of loss from fluctuating foreign exchange rates when an investor has exposure to foreign currency or in foreign-currency-traded investments, also known as &ldquo ...