A statistical expression or function that determines the probabilities of occurrence of different possible outcomes for a continuous random variable,...

A statistical expression or function that determines the probabilities of occurrence of different possible outcomes for a continuous random variable,...

It stands for probability of default; in connection with the risk of default (associated with a loan or a credit...

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

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.,...

The probability of default for a certain time period, provided that no earlier default has occurred up to that point....

In financial markets, it is the probability measure that depends on observation of market prices in the real life context,...

A Gaussian stochastic process (a continuous-time stochastic process) that has independent increments and a vanishing mean, and it features an...

A type of Markov process; a stochastic process, i.e., a group of random variables defined on the same probability space...