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Glossary > C > "Credit Cliff" Definition

Credit Cliff

A slang term meaning that credit deterioration could be compounded by provisions such as rating triggers or financial covenants. These can put pressure on the company"s liquidity or its business to a material extent.

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Credit Cliff - A slang term meaning that credit deterioration could be compounded by provisions such as rating triggers or financial covenants. These can put pressure on the company"s liquidity or its business to a material extent.

Credit Cliff : a slang term meaning that credit deterioration could be compounded by provisions such as rating triggers or financial covenants. these can put pressure on the company"s liquidity or its business to a material extent.