credit event

noun

A significant default on a financial instrument or some other financial occurrence, such as bankruptcy, restructuring, repudiation, or moratorium, or failure to pay some other obligation, such as taxes.

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Meanings

nouncredit event (plural credit events)

plural credit events

  1. businessA significant default on a financial instrument or some other financial occurrence, such as bankruptcy, restructuring, repudiation, or moratorium, or failure to pay some other obligation, such as taxes.
Cite this entry
APA

credit event. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/credit%20event

MLA

“credit event.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/credit%20event. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “credit event,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/credit%20event.

Source: credit event on Wiktionary, CC BY-SA 4.0.