migration risk definition

migration risk means the risk of loss due to a change in the fair value of a credit exposure as a result of a change in client rating;
migration risk. - means the risk related to the worsening of solvency or the worsening of the estimation of borrower’s credit quality, if such an estimation exists, that is materialised into the increase of default risk;

Related to migration risk

  • Migration means the act of moving electronic records from one information system or medium to another to ensure continued access to the records while maintaining the records' authenticity, integrity, reliability, and usability.

  • Seepage pit means an excavation deeper than it is wide that receives septic tank effluent and from which the effluent seeps from a structural internal void into the surrounding soil through the bottom and openings in the side of the pit.

  • Customer Environment means Customer’s data network/equipment and premises environment.

  • Services Environment refers to the combination of hardware and software components owned, licensed or managed by Oracle to which Oracle grants You and Your Users access as part of the Cloud Services which You have ordered. As applicable and subject to the terms of this Agreement and Your order, Oracle Programs, Third Party Content, Your Content and Your Applications may be hosted in the Services Environment.

  • Operating Environment means, collectively, the platform, environment and conditions on, in or under which the Software is intended to be installed and operate, as set forth in the Statement of Work, including such structural, functional and other features, conditions and components as hardware, operating software and system architecture and configuration.