Loss Given Default: Difference between revisions
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* [[Credit rating]] | * [[Credit rating]] | ||
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* [[Exposure At Default]] | * [[Exposure At Default]] | ||
* [[Probability of Default]] | * [[Probability of Default]] | ||
Revision as of 16:16, 12 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).
