Assertion: default | /r/HasProperty | pd
Facets:
Source sentences:
text: EAD, along with loss given default (LGD) and the probability of default (PD), are used to calculate the credit risk capital of financial institutions.
text: Also called the probability of default (PD), it depends, not only on the borrower's characteristics but also on the economic environment.
text: Key Takeaways Default probability, or probability of default (PD), is the likelihood that a borrower will fail to pay back a debt.
text: Probability of default (PD) is a financial term describing the likelihood of a default over a particular time horizon.
text: The EAD is closely linked to the expected loss, which is defined as the product of the EAD, the probability of default (PD) and the loss given default (LGD).
text: The expected loss is calculated as a loan’s LGD multiplied by both its probability of default (PD) and the financial institution’s exposure at default (EAD).
text: The LGD is closely linked to the expected loss, which is defined as the product of the LGD, the probability of default (PD) and the exposure at default (EAD).