Deed and Probability of Default: Difference between pages

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imported>Doug Williamson
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imported>Doug Williamson
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''Law.''
(PD).


A formal written document that fulfils certain legal requirements. 
Probability of Default means an assessment of the probability that the counterparty to a loan will default within a specified timeframe, usually one year.
 
For example, a trust deed.




== See also ==
== See also ==
* [[Deed of amendment]]
* [[Interim deed]]
* [[Trust]]


[[Category:Treasury_operations_infrastructure]]
* [[Credit rating]]
[[Category:Compliance_and_audit]]
* [[Default]]
* [[Expected Loss]]
* [[Exposure At Default]]
* [[IRB]]
* [[Loss Given Default]]

Revision as of 16:17, 12 November 2016

(PD).

Probability of Default means an assessment of the probability that the counterparty to a loan will default within a specified timeframe, usually one year.


See also