A situation that describes a financial asset (e.g., a loan) when the counterparty (debtor, borrower), fails, or has failed to...

A loan that is extended to individuals (natural persons) rather than institutions (legal persons). Retail loans may include those extended...

A default free security that generates "default flow" cash flows (interest payments) over a span of certain period. By nature,...

A default free security that generates "default flow" cash flows (interest payments) over a span of certain period. By nature,...

Liabilities which, in the event of liquidation or insolvency of the issuer (the debtor), are treated as subordinated to the...

A type of insolvency that arises from lack of sufficient cash flows to meet obligations, though an entity has a...

An allowance (provision) that is created by a bank or entity for potential impairment losses (that may arise from the...

It stands for economic capital; an internal measure of the capital (risk capital) that an entity is required to maintain...

It stands for economic capital; an internal measure of the capital (risk capital) that an entity is required to maintain...

An internal measure of the capital (risk capital) that an entity is required to maintain to ensure that it remains...