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违约
wéi​yuē HSK7

to break a contract

Origin Definitions Defs Strokes Stroke Words Sentences Sents
  • 违约金 wéi​yuē​jīn penalty for breach of contract
    A sum of money paid to the other party by the side that fails to fulfill a contract or agreement; forfeit; liquidated damages
  • 信贷违约掉期 xìn​dài​wéi​yuē​diào​qī credit default swap
    credit default swap (CDS); a financial derivative that allows an investor to swap their credit risk with that of another investor
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