An acronym for wrong way risk; the risk that arises when a counterparty risk is adversely correlated with the credit...

The risk that arises when a counterparty risk is adversely correlated with the credit quality of the counterparty in question....

The amount of losses (loss given default, LGD) that is based on the cash flows observed between the time of...

The amount of losses (loss given default, LGD) that is based on the cash flows observed between the time of...

It stands for workout loss given default; the amount of losses (loss given default, LGD) that is based on the...