loss given default definition
loss given default or ‘LGD’ means the ratio of the loss on an exposure due to the default of a counterparty to the amount outstanding at default;
loss given default or ‘LGD’ means the expected ratio of the loss on an exposure related to a single facility due to the default of an obligor or facility to the amount outstanding at default, and, in the context of dilution risk, the loss given dilution meaning the expected ratio of the loss on an exposure due to dilution, to the amount outstanding according to the pledged or purchased receivable;
loss given default means the average loss suffered by the insurer, resulting from the default of a counterparty of the insurer;
More Definitions of loss given default
loss given default means the magnitude of likely loss on or a percentage of the exposure; and
loss given default means the average loss suffered by the insurer, resulting