Loss Given Default

From ACT Wiki
Revision as of 21:18, 20 November 2016 by Doug Williamson (Talk | contribs) (Add link.)

Jump to: navigation, search

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).


See also