What is another word for assessment on default?
Pronunciation: [ɐsˈɛsmənt ˌɒn dɪfˈɒlt] (IPA) 
Assessment on default is a term used in financial and legal contexts to refer to the evaluation of risks and potential losses in case of a borrower's failure to repay a loan or debt. Some synonyms for assessment on default include credit risk analysis, non-payment evaluation, default probability estimation, repayment risk assessment, and loan loss calculation. These terms are commonly used by bankers, analysts, and credit-rating agencies to determine the creditworthiness of borrowers and the chances of payment default. Accurate assessment on default is essential for lenders to minimize their exposure to financial losses and for borrowers to maintain their credit profile.
