COUNTRY RISK

The RISK of loss due to adverse economic events or political instability within a country; country risk is often considered to be larger in scope than SOVEREIGN RISK as it includes actions that affect private sector, as well as governmental, obligations. A subcategory of CREDIT RISK.

More On This Topic



Link to This Definition
Did you find this definition of COUNTRY RISK helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary