# Country Risk

**IRI:** https://folio.openlegalstandard.org/R8xwNRZSntBjDSHWTLTABhP

## Labels

## Definition

The risk that a foreign government will default on its bonds or other financial commitments. Country risk also refers to the broader notion of the stability of the country's financial system.

## Sub Class Of

- https://folio.openlegalstandard.org/R98HKldfU8zFYR50z1T3Yn4

**Deprecated:** False