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CECL

It stands for current expected credit losses; expected credit losses (ECLs) that are estimated over the life of a financial...

Current Expected Credit Losses

Expected credit losses (ECLs) that are estimated over the life of a financial instrument (loans, debt securities, etc.), while being...

Credit Risk

The risk that a financial loss will be incurred by a party to a financial instrument (or broadly any financial...

Lifetime ECL

It stands for lifetime expected credit losses; the expected credit losses (ECL) that would result from all possible default events...

Lifetime Expected Credit Losses

The expected credit losses that would result from all possible default events to occur over the entire expected life of...

ECL

It stands for expected credit losses; by definition, it denotes credit losses that are expected to result from default events...

Expected Credit Losses

Credit losses that are expected to result from default events associated with financial instruments, financing commitments and financial guarantee contracts,...