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.
The Joint Committee on the Organization of Congress, a temporary committee established in 1993 to conduct a policy and historical analysis of the committee system, determined that while the 1946 Act was instrumental in streamlining the committee system, it did fail to limit the number of subcommittees allowed on any one committee.