Definition of Abandonment risk - Finance dictionary
Abandonment risk((See Chapter 49 of the Vernimmen.))
Abandonment risk arises in project financing. It is the risk that the project will be abandoned, and arises when the interests of the industrial manager and the bankers diverge. The project financing contract must lay down clear rules on how decisions affecting the future of the project are to be taken.
Abandonment risk((See Chapter 49 of the Vernimmen.))
Abandonment risk arises in project financing. It is the risk that the project will be abandoned, and arises when the interests of the industrial manager and the bankers diverge. The project financing contract must lay down clear rules on how decisions affecting the future of the project are to be taken.
Abandonment risk((See Chapter 49 of the Vernimmen.))
Abandonment risk arises in project financing. It is the risk that the project will be abandoned, and arises when the interests of the industrial manager and the bankers diverge. The project financing contract must lay down clear rules on how decisions affecting the future of the project are to be taken.