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.
Technically, both the Senate and the House, sitting as a committee, could do all these things. But committees can and do perform the work more efficiently and thoroughly. The volume of business in today's Florida Legislature is considerable. conference committee in reality is composed of separate committees from the Senate and the House of Representatives. As separate committees, they vote separately, not only on the final product but on any subsidiary questions put to a vote. A majority of each committee prevails.