the possibility of loss if a borrower defaults on a loan.
a borrower regarded as likely to default on a loan.
What does “delicatessen” actually mean? After deli meat recall, learn the name of what caused the risk.
On Tuesday, a division of Tyson Foods Inc recalled 380,000 pounds of deli meat, saying that it may be contaminated with Listeria monocytogenes. The meat was used in sandwiches sold at Wal-Mart stores. Luckily, there have been no reported illnesses. Unfortunately, we often hear about salmonella. (Read more about salmonella here.) How does it differ from listeria? Listeria is a hardy bacterium that can cause food …
Have you ever noticed “FICO” by your credit score? What it means
When was the last time you ordered a credit report? The paper document is abstruse enough, but you have to maneuver through the morass of oddly-named companies that produce them — Equifax, Experian, TransUnion and more. The process is abstract, but the results are concrete. There’s some new, and bad, news about those infamous numbers. More than a quarter of Americans now have scores of 599 or lower. …
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019