Credit risk. A credit risk is the risk of default on a debt that may arise from a borrower failing to make required payments. In the first resort, the risk is that of the lender and includes lost principal and interest, disruption to cash flows, and increased collection costs. The loss may be complete or partial.
Sith Councils. Below the Darth Council, there are three ruling councils of the Sith Order. Each council plays a pseudo-bureaucratic role in their individual fields. The councils are led by a Master Sith Marauder, whose role is to dictate the direction of his/her council. Below the Master Sith Marauders are the Sith Marauders, each leading an individual section of the council.
In our time of social, economic, technological and geopolitical turbulence, the local school board's responsibility is greater than ever. Acting on behalf of the people of each community, the local school board's leadership role is a governance role. School boards govern, administrators implement.