What is 'Credit Risk'. Credit risk refers to the risk that a borrower may not repay a loan and that the lender may lose the principal of the loan or the interest associated with it.
A conference committee is a committee of the Congress appointed by the House of Representatives and Senate to resolve disagreements on a particular bill. The conference committee is usually composed of senior Members of the standing committees of each House that originally considered the legislation.
Ad hoc and select committees are established to study specific issues, problems or questions. Sometimes these temporary committees are formed within a single chamber, or they are formed as joint committees with members from both chambers. Of these temporary committees, conference committees tend to be the most important in affecting legislation.