Gap Risk definition

Gap Risk means the probability of occurrence of a Gap Event
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Gap Risk means the probability of occurrence of a Gap Event. This risk pertains to the Gap event where the Portfolio Value falls below the Present Value (bond floor) of the capital preservation amount required at the end of twenty four months and beyond.
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Gap Risk has the meaning provided in Section 3.05(a).
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Examples of Gap Risk in a sentence

  • The Adviser shall notify the Insurer when the inability to calculate Gap Risk ends.

  • Gap Risk Swap Payments are specified exclusive of any applicable value added taxes.

  • Gap Risk (for CPPI Based Plan) – This risk pertains to the Gap event where the Portfolio Value falls below the Present Value (bond floor) of the principal preservation amount required at maturity.

  • The Gap Risk Swap is described in the section below entitled "Gap Risk Swap".

  • Second, the proposal to introduce the Gap Risk Measure calculation as an additional measure of volatility in connection with the calculation of the VaR Charge would better enable NSCC to limit its exposures to Members by more effectively capturing the risk that gap risk events impact the entire portfolio’s value due to the idiosyncratic nature of the Net Unsettled Positions in that portfolio.

  • Gap Risk is defined as the difference, expressed in days, between the weighted average maturity of all repurchase agreements and the weighted average maturity of all outstanding loans.

  • Description of Proposed Changes NSCC is proposing to enhance the calculation of the VaR Charge by introducing an additional estimation of volatility that would be incorporated into the VaR model, and introducing two additional calculations, the Gap Risk Measure and the Portfolio Margin Floor, that NSCC believes would collectively enhance its ability to mitigate market price risk.

  • Report, presentation, presentation in the classroom “Hospitality insights with staff skills gap risk management plan”, group work.Students are able to describe the organizational structure and coordination of a hospitality company, current and anticipated skills in the hospitality industry, by developing Staff Skill Gap Risk Management Plan for the hospitality company.Independent work 1, 2-3 people in groups.

  • The Gap Risk Fee, Index Calculation Fee, the Management Fee, the Quanto Fee and/or the Short Selling Fee may be applied in the calculation of the Ratio.

  • If Repurchase Agreements are indemnified by the Securities Lending Agent from counterparty insolvency (“Indemnified Repo”) and are the primary vehicle for investment of cash collateral, the Gap Risk shall not exceed 10 days.


More Definitions of Gap Risk

Gap Risk shall be expressed as a percentage and as of any time equals: FV(t) - bf(t) ------------- AE(t)
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Gap Risk. (for CPPI Based Plan) means the probability of occurrence of a Gap Event.
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Gap Risk means a measure for movement in the volatility of the Index, calculated on any Trade Date as follows:(Strike2 - (Strike + Gap)2) / -10,000
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Gap Risk shall be expressed as a percentage and as of any time equals: FV(t) - bf(t) ------------- Ag(t) "MAXIMUM EQUITY EXPOSURE" shall be expressed as a percentage and as of any time equals: FV(t) - bf(t) 4 4/9 x ------------- FV(t) ; PROVIDED that the Maximum Equity Exposure shall not exceed 100% and shall not be less than 0% of the Fund Value.
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Gap Risk means the risk resulting from the term structure of interest rate sensitive instruments that arises from differences in the timing of their rate changes, covering changes to the term structure of interest rates occurring consistently across the yield curve (parallel risk) or differentially by period (non-parallel risk);
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Gap Risk means the risk that arises from term structure of interest rate sensitive instruments which arises from the timing of interments' rate changes, and it includes the changes in term structure of interest rates that occur consistently across the yield curve (parallel risk) or differentially by period (non-parallel risk);
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Related to Gap Risk

  • Low risk means normal, uncomplicated prenatal course as determined by adequate prenatal care and prospects for a normal, uncomplicated birth as defined by reasonable and generally accepted criteria of maternal and fetal health.

  • systemic risk means a risk of disruption in the financial system with the potential to have serious negative consequences for the financial system and the real economy;

  • Sustainability Risk means an environmental, social or governance event or condition that, if it occurs, could cause an actual or a potential material negative impact on the value of the investment;

  • Minimal risk means that the probability and magnitude of harm or discomfort anticipated in the research are not greater in and of themselves than those ordinarily encountered in daily life or during the performance of routine physical or psychological examinations or tests.

  • high risk breach means that the threshold for notifying the individual is higher than that for notifying the relevant supervisory authority.

  • Country Risk means all factors reasonably related to the systemic risk of holding Foreign Assets in a particular country including, but not limited to, such country’s political environment, economic and financial infrastructure (including any Eligible Securities Depository operating in the country), prevailing or developing custody and settlement practices, and laws and regulations applicable to the safekeeping and recovery of Foreign Assets held in custody in that country.

  • operational risk means the risk of loss resulting from inadequate or failed internal processes, people and systems or from external events, and includes legal risk;

  • At risk means a student who has the potential for academic failure, including, but not

  • Tail risk means a risk that occurs either where the frequency of low probability events is higher than expected under a normal probability distribution or where there are observed events of very significant size or magnitude.

  • fall risk means any potential exposure to falling either from, off or into;

  • All Risk property insurance on a full replacement cost basis insuring CLEC’s property situated on or within any CenturyLink Premises. CLEC may elect to insure business interruption and contingent business interruption, as it is agreed that CenturyLink has no liability for loss of profit or revenues should an interruption of service occur.

  • market risk means the risk of loss for the individual portfolio resulting from a fluctuation in the market value of positions in the portfolio attributable to changes in market variables, such as interest rates, foreign exchange rates, equity and commodity prices, or an issuer's creditworthiness;

  • liquidity risk means the risk that a position in the portfolio cannot be sold, liquidated or closed out at limited cost in an adequately short time frame and that the ability of the investment service provider to liquidate positions in an individual portfolio in accordance with the contractual requirements of the portfolio management mandate, is thereby compromised;

  • Country Risks means with respect to any Foreign Depository: (a) the financial infrastructure of the country in which it is organized, (b) such country's prevailing custody and settlement practices, (c) nationalization, expropriation or other governmental actions, (d) such country's regulation of the banking or securities industry, (e) currency controls, restrictions, devaluations or fluctuations, and (f) market conditions which affect the order execution of securities transactions or affect the value of securities.

  • Economic Risk of Loss has the meaning set forth in Treasury Regulation Section 1.752-2(a).

  • Insured Risks means fire lightning explosion earthquake storm tempest flood subsidence landslip heave impact terrorism bursting or overflowing of water tanks and pipes earthquake damage by aircraft and other aerial devices or articles dropped there from riot and civil commotion labour disturbance and malicious damage and such other risks as the Academy Trust insures against from time to time subject in all cases to any exclusions or limitations as may from time to time be imposed by the insurers or underwriters;

  • windstorm means straight line winds of at least 80 miles per

  • Sovereign Risk means nationalization, expropriation, currency devaluation, revaluation or fluctuation, confiscation, seizure, cancellation, destruction or similar action by any governmental authority, de facto or de jure; or enactment, promulgation, imposition or enforcement by any such governmental authority of currency restrictions, exchange controls, taxes, levies or other charges affecting a Fund's Assets; or acts of armed conflict, terrorism, insurrection or revolution; or any other act or event beyond the Custodian's or such other Person's control.

  • Partial Loss means any Physical Damage loss which is not a Total Loss.

  • Work loss means loss of income from work the injured victim would have performed if the injured victim had not been injured and expenses reasonably incurred by the injured victim in obtaining services in lieu of those the injured victim would have performed for income,

  • At-risk student means any identified student who needs additional support and who is not meeting or not expected to meet the established goals of the educational program (academic, personal/social, career/vocational). At-risk students include but are not limited to students in the following groups: homeless children and youth, dropouts, returning dropouts, and potential dropouts.

  • Covered Loss or “Covered Losses” means an accidental death, dismemberment, or other Injury covered under the Policy.

  • Replacement Cost means the cost to repair or rebuild the improvements owned by Lessor at the time of the occurrence to their condition existing immediately prior thereto, including demolition, debris removal and upgrading required by the operation of Applicable Requirements, and without deduction for depreciation.

  • Loss or “Losses” means any and all losses, costs (including court costs), claims, damages (including fines, penalties, and criminal or civil judgments and settlements), injuries, liabilities and expenses (including attorneys’ fees).

  • protection and indemnity risks means the usual risks covered by a protection and indemnity association managed in London, including pollution risks and the proportion (if any) of any sums payable to any other person or persons in case of collision which are not recoverable under the hull and machinery policies by reason of the incorporation in them of clause 6 of the International Hull Clauses (1/11/02 or 1/11/03), clause 8 of the Institute Time Clauses (Hulls) (1/11/95) or clause 8 of the Institute Time Clauses (Hulls) (1/10/83) or the Institute Amended Running Down Clause (1/10/71) or any equivalent provision;

  • Earthquake insurance, if the Leased Property is currently, or at any time in the future, located within a major earthquake disaster area, in amount, and in such form and substance and with such limits and deductibles as are satisfactory to Landlord; and