Loss Given Default: Difference between revisions
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imported>Doug Williamson (Added link) |
imported>Doug Williamson (Layout.) |
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(LGD). | (LGD). | ||
Loss Given Default is the estimated | Loss Given Default is the estimated loss on an exposure - usually expressed as a percentage - following a default by the counterparty. | ||
The relevant measure of the exposure is Exposure at Default (EAD). | The relevant measure of the exposure is Exposure at Default (EAD). | ||
Revision as of 14:40, 11 November 2016
(LGD).
Loss Given Default is the estimated loss on an exposure - usually expressed as a percentage - following a default by the counterparty.
The relevant measure of the exposure is Exposure at Default (EAD).
