Systemic risk can be defined as the risk associated with the collapse or failure of a company, industry, financial institution, or an entire economy.| Corporate Finance Institute
Systematic risk is that part of the total risk that is caused by factors beyond the control of a specific company or individual.| Corporate Finance Institute
Over-the-counter (OTC) is the trading of securities between two counter-parties executed outside of formal exchanges and without the supervision of an exchange regulator.| Corporate Finance Institute
Understand credit rating frameworks, scales, and their impact on bond pricing and risk. Strengthen your fixed‑income knowledge—explore now!| Corporate Finance Institute