In connection with the risk of default (associated with a loan or a credit arrangement), probability of default (PD) is...

A measure of ECL (expected credit losses) in which ECL is calculated on a modelled basis. It is a level...

It stands for more likely than not; in accounting, this expression "more likely than not" sets a threshold (more than...

In accounting, this expression "more likely than not" sets a threshold (more than 50% likelihood) for a certain item (e.g.,...

A measurement base whereby an item (an asset) is initially recognized and measured at a value equal to its original...

Financial securities that are held by an entity for the purpose of selling or repurchasing them in the short term...

Financial securities that are held by an entity for the purpose of selling or repurchasing them in the short term...

A security that an entity purchases and holds until maturity (as opposed to available for sale securities or trading securities)....

With respect to tainting of financial assets held to maturity (on classification as such), it is a prohibition on classification...

It stands for statement of financial position; previously known as balance sheet, it is a detailed projection of the assets,...