It stands for downturn loss given default; a measure of loss given default (LGD) that captures the worst level reached...
A measure of loss given default (LGD) that captures the worst level reached in the economic cycle (the trough). Downturn...
A measure of loss given default (LGD) that captures the worst level reached in the economic cycle (the trough). Downturn...
It stands for probability of default; in connection with the risk of default (associated with a loan or a credit...
In connection with the risk of default (associated with a loan or a credit arrangement), probability of default (PD) is...
A provision/ clause a default in a loan, bond, or swap agreement that triggers default in another. The provision states...
It stands for exposure at default; a measure of a bank's exposure to losses arising from defaulting loans. It represents...
A measure of a bank's exposure to losses arising from defaulting loans. It represents the total amount of potential losses...
The probability that a borrower (an individual or institution) fails to make full and timely payments of a loan's principal...
The probability that a borrower (an individual or institution) fails to make full and timely payments of a loan's principal...