A clause in a commutative contract (aqd mu’awadhah) that stipulates that an agreed amount of money shall be paid to…

A credit linked note (CLN) in which the underlying is a portfolio or basket subject to credit risk. In other…

A leveraged super senior note (LSS note) (a synthetic collateralized note) that is associated with a loss trigger. More specifically…

In general, it refers to the state of a person (natural or legal) being unable to pay the debts it...

A leveraged super senior tranche (a synthetic collateralized tranche) that is associated with a loss trigger. More specifically, it involves...

A credit default swap (CDS) in which the reference entity is not a third party. More specifically, the credit risk...

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...

It stands for loss given default; a key metric that is used in quantitative risk analysis, reflecting the monetary amount...