et

kommertsrisk

1

Terminological databases

EKI terminibaas Esterm

ID 690299 Last modified 30.12.2004
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Domain foreign tradegeneral aspects of the subject field
  • eksporditehingu välismaise osapoole maksejõuetuks muutumine asjaoludel, mis ei olnud teada enne tehingu tegemist
  • i) insolvency of the foreign buyer; ii) default of the foreign buyer; iii) repudiation by the foreign buyer which is not caused by and does not arise from any breach of contract on the part of the exporter; and iv) under a global comprehensive policy (contracts), an additional commercial risk of termination of a contract by a buyer which is not caused by and does not arise from any breach of contract on the part of the exporter
kommertsrisk
commercial risk
Usage examples
  • Definition of the risks involved. (a) The commercial risk for private debtors is determined by points 14, 15 and 16. (b) The political risk for private debtors is determined by points 17 to 22, and for public debtors by points 15 to 22. (c) The manufacturing risk is determined by point 6(b). (d) The credit risk is determined by point 6(c).

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