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 Congress is the Legislative Branch. Its main function is to make laws. It also oversees the execution of these laws, and checks various executive and judicial powers. The Congress is bicameral - it is composed of two houses.