자료: http://www.answers.com/topic/financial-risk-1
Investopedia Says:
Financial risk is the additional risk a shareholder bears when a company uses debt in addition to equity financing. Companies that issue more debt instruments would have higher financial risk than companies financed mostly or entirely by equity.
Portion of total corporate risk, over and above basic Business Risk, that results from using debt. Business risk is caused by fluctuations of earnings before interest and taxes (operating income). Business risk depends on variability in demand, sales price, input prices, and amount of Operating Leverage. Financial risk includesDefault risk, which is the risk that the borrower will be unable to make interest payments or principal repayments on debt. The greater the firm's Financial Leverage, the higher is its financial risk.
In essence financial risk is any risk associated with money.
Investment related
Depending on the nature of the investment, the type of 'investment' risk will vary.
A common concern with any investment is that you may lose the money you invest - your capital. This risk is therefore often referred to as capital risk.
If the assets you invest in are held in another currency there is a risk that currency movements alone may affect the value. This is referred to as currency risk.
Many forms of investment may not be readily salable on the open market (e.g. commercial property) or the market has a small capacity and may therefore take time to sell. Assets that are easily sold are termed liquidtherefore this type of risk is termed liquidity risk.
Debt related
Insurance related
- Insurance industry
Business related
The risk that a company or project will not have adequate cash flow to meet financial obligations.
Financial risk is the additional risk a shareholder bears when a company uses debt in addition to equity financing. Companies that issue more debt instruments would have higher financial risk than companies financed mostly or entirely by equity.
Bilateral barter can depend upon a mutual coincidence of wants. Before any transaction can be undertaken, each party must be able to supply something the other party demands. To overcome this mutual coincidence problem, some communities had developed a system of intermediaries who can warehouse and trade goods. However, intermediaries often suffered from financial risk.
This entry is from Wikipedia, the leading user-contributed encyclopedia. It may not have been reviewed by professional editors (see full disclaimer)
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