Probability of default /PD/ definition
Probability of default /PD/ means PD parameter specified in the Annex 1 in Article
Probability of default /PD/. - means the probability the borrowers default, for every degree of estimation, which shows the average percentage of borrowers that fail in this estimation degree over one year;
Probability of default /PD/ means the probability that a bank's counterparty will default in the meaning of Article 73 within one year after signing the contract;
Examples of Probability of default /PD/ in a sentence
The key inputs used for measuring ECL are: • Probability of default (PD); • Loss given default (LGD); and • Exposure at default (EAD).
More Definitions of Probability of default /PD/
Probability of default /PD/ means the probability that the obligor will default