Business / Finance / Price Risk: The risk that the value of a security (or a portfolio) will decline in the future. Or, a type of mortgage pipeline risk created in the production segment when loan terms are set for the borrower in advance of setting terms for secondary market sale. If the general level of rates rises during the production cycle, the lender may have to sell the originated loans at a discount.
Price Noun Synonyms: charge, cost, expense, expenditure, outlay, payment, amount, figure, fee, quotation, appraisal, value, valuation, evaluation, worth
Price Verb Synonyms: sacrifice, toll, penalty, cost, consequence
Business / Accounting / Risk Management: Procedures to minimize the adverse effect of a possible financial loss by: 1) identifying potential sources of loss: 2) measuring the financial consequences of a loss occurring: and 3) using controls MORE
Business / Agriculture / Basis Risk: The possibility of unexpected variation in basis and a resulting loss of expected revenue when a futures contract is liquidated and the commodity sold on the cash market. MORE