settlement risk
risk that a counterparty (or intermediary agent) fails to deliver a security or its value in cash as per agreement
en-US/ˈsɛdəlmənt ˈɹɪsk/
en-GB/ˈsɛtlmənt ˈɹɪsk/
risk that a counterparty (or intermediary agent) fails to deliver a security or its value in cash as per agreement