Loss Given Default: Difference between revisions
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imported>Doug Williamson (Amend link.) |
imported>Doug Williamson (Add link.) |
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''Credit risk - banking'' | |||
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* [[Credit rating]] | * [[Credit rating]] | ||
* [[Credit risk]] | |||
* [[Default]] | * [[Default]] | ||
* [[Expected Loss]] | * [[Expected Loss]] | ||
* [[Exposure At Default]] | * [[Exposure At Default]] | ||
* [[Probability of Default]] | * [[Probability of Default]] | ||
Revision as of 21:18, 20 November 2016
Credit risk - banking
(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).
