Loss Given Default: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Expand.) |
imported>Doug Williamson (Update link.) |
||
Line 10: | Line 10: | ||
* [[Credit rating]] | * [[Credit rating]] | ||
* [[Default]] | * [[Default]] | ||
* [[ | * [[Exposure At Default]] | ||
* [[PD]] | * [[PD]] |
Revision as of 19:06, 30 October 2016
(LGD).
Loss Given Default is the estimated percentage loss on an exposure, following a default by the counterparty.
The relevant measure of the exposure is Exposure at Default (EAD).