Definition and essence of the concept of «default» in scientific literature
The author of the proposed article researches that today default is a situation when the debtor refuses to fulfill his obligations to service the debt in full. It is established that the risk of default is the most serious for both creditors and the state, since the scale of adverse consequences for...
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Format: | Article |
Language: | English |
Published: |
Zhytomyr Polytechnic State University
2023-07-01
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Series: | Економіка, управління та адміністрування |
Subjects: | |
Online Access: | http://ema.ztu.edu.ua/article/view/285108 |