# das Ausfallereignis

das Ausfallereignis is a German noun meaning “credit event”. Forms: des Ausfallereignisses, die Ausfallereignisse.

## Forms

- Genitive: des Ausfallereignisses
- Plural: die Ausfallereignisse

## Meanings

1. credit event, default event (a specific occurrence that triggers a payment under a credit derivative or insurance contract)
   - Die Nichtzahlung von Zinsen durch den Referenzschuldner wurde offiziell als Ausfallereignis eingestuft. — The non-payment of interest by the reference entity was officially classified as a credit event.

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Sources: Meanings and forms from Wiktionary (CC BY-SA 4.0); example sentences from Tatoeba (CC BY 2.0 FR).
URL: https://wordwide.space/de-en/wort/Ausfallereignis
