This appendix is an integral Part of the IFRS.
"credit risk" |
The risk that one Party to a financial instrument will cause a financial loss for the other Party by failing to discharge an obligation. |
"credit risk rating grades" |
Rating of credit risk based on the risk of a default occurring on the financial instrument. |
"currency risk" |
The risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in foreign exchange rates. |
"interest rate risk" |
The risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market interest rates. |
"liquidity risk" |
The risk that an entity will encounter difficulty in meeting obligations associated with financial liabilities that are settled by delivering cash or another financial asset. |
"loans payable" |
Loans payable are financial liabilities, other than short-term trade payables on normal credit terms. |
"market risk" |
The ri |