doc__table__2741

Credit risk | The risk that one party to a financial instrument will cause a financial loss for the other party by failing to discharge an obligation. Currency risk | The risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in foreign exchange rates. Interest rate risk | The risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market interest rates. Liquidity risk | The risk that an entity will encounter difficulty in meeting obligations associated with financial liabilities. Loans payable | Loans payable are financial liabilities, other than short-term trade payables on normal credit terms. Market risk | The risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market prices. Market risk comprises three types of risk: currency risk, interest rate risk and other price risk. Other price risk | The risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market prices (other than those arising from interest rate risk or currency risk), whether those changes are caused by factors specific to the individual financial instrument or its issuer, or factors affecting all similar financial instruments traded in the market. Past due | A financial asset is past due when a counterparty has failed to make a payment when contractually due.

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Source: EUR-Lex (Cellar) · retrieved 2026-11-08 · Text as adopted (Official Journal); later amendments are not incorporated in this text.