Loss Given Default

From ACT Wiki
Revision as of 15:20, 20 August 2022 by imported>Doug Williamson (Layout.)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigationJump to 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