Event of default
Event of default
A breach defined in the loan agreement that lets the lender demand early repayment or stop funding.
حالة إخلال
مخالفة محددة في اتفاقية التمويل تسمح للمُقرِض بطلب السداد المبكر أو وقف التمويل.
المصدر: الصحافة المالية العربية
Source of the Arabic term: Established Arabic financial press
Why a lender reads this
A loan agreement turns these words into dates and money. When one is misread, a drawdown slips or a disbursement stops at a condition nobody planned for. A lender reads each as an obligation with a document behind it.