Gap Risk definition

Gap Risk means the probability of occurrence of a Gap Event
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.
Gap Risk has the meaning provided in Section 3.05(a).

Examples of Gap Risk in a sentence

  • Fill in the mini plastic dropper with the specimen not to exceed the specimen line as showed in the following image.

  • Initially, there are two dorsal aortae and their respective multiple ventral and lateral segmental arteries (14).

  • The Management Company shall cover the Gap Risk (at the initial maturity date and thereafter) up to a maximum limit of (3%) three Percent of the Initial Investment Value (adjusted for distribution/redemptions during the life of the fund).

  • On each Fee Payment Date an amount (which may be a positive or negative number) (the "Gap Risk Rate") will be determined by the Determination Agent equal to the Aggregate Daily Gap Accrual as of the last day in the immediately preceding Fee Payment Period.

  • If the Gap Risk Rate is negative, it will be deemed to have been paid into the relevant Notional Account on the relevant Fee Payment Date.

  • Trustee will mark a lien on the management fee (as agreed between the management company and Trustee in the Gap Risk Coverage Agreement) till the 3% Gap is filled.

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

  • This proposed change is designed to capture idiosyncratic risk associated with an SFT Member’s portfolio by enabling NSCC to apply the Gap Risk Measure more frequently.

  • The Gap Risk Coverage shall be available at the completion of Initial Maturity date and thereafter.

  • 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.


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)
Gap Risk. (for CPPI Based Plan) means the probability of occurrence of a Gap Event.
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
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);
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.
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);

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 for the individual portfolio resulting from inadequate internal processes and failures in relation to people and systems of the investment service provider or from external events, and includes legal and documentation risk and risk resulting from the trading, settlement and valuation procedures operated on behalf of the individual portfolio;

  • At risk means there is reason to believe injury, hazard, damage, or loss may occur.

  • 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.

  • Supply chain risk means the risk that an adversary may sabotage, maliciously introduce unwanted function, or otherwise subvert the design, integrity, manufacturing, production, distribution, installation, operation, or maintenance of a covered system so as to surveil, deny, disrupt, or otherwise degrade the function, use, or operation of such system (see 10 U.S.C. 2339a).

  • 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).

  • Loss Absorbing Instrument means, at any time, any Additional Tier 1 Capital instrument (other than the Notes) issued directly or indirectly by the Issuer which contains provisions pursuant to which all or part of its principal amount may be written-down (whether on a permanent or temporary basis) or may otherwise absorb losses (in each case in accordance with its terms) on the occurrence, or as a result, of a trigger event set by reference to the Group CET1 Ratio;

  • 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.

  • pre-commercial procurement means the procurement of research and development services involving risk-benefit sharing under market conditions, and competitive development in phases, where there is a clear separation of the research and development services procured from the deployment of commercial volumes of end-products;

  • 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 building codes, ordinances or laws, and without deduction for depreciation.