Loss Given Default: Difference between revisions
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imported>Doug Williamson (Add link.) |
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''Credit risk - banking'' | ''Credit risk - banking''. | ||
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* [[Exposure At Default]] | * [[Exposure At Default]] | ||
* [[Probability of Default]] | * [[Probability of Default]] | ||
[[Category:The_business_context]] | |||
[[Category:Investment]] | |||
[[Category:Long_term_funding]] | |||
Latest revision as of 15:20, 20 August 2022
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).
