A hedging transaction that meets a host of conditions for qualification as bona fide hedge. The transaction must (1) represent...

The risk that arises from a business' inability to understand the tax environment(s) in which it operates. This, in turn,...

An acronym for right way risk; the risk that arises when a counterparty risk is positively correlated with the credit...

The risk that arises when a counterparty risk is positively correlated with the credit quality of the counterparty in question....

A type of reserve that is set aside (out of retained earnings) as a cushion against possible future losses, foreseen...

The possibility, ability, and readiness of an insurance firm (insurer) to insure (provide insurance coverage to) a particular type of...

A threat or opportunity that is by nature quantifiable or can be quantified using typical risk management tools and analysis....

A threat or opportunity that is by nature quantifiable or can be quantified using typical risk management tools and analysis....

The instantaneous probability of default (conditional default rate) by an issuer. This risk management tool measures the probability of default...

The risk that arises from any fluctuations in the fair value of a financial instrument or future cash flows associated...