The risk that a counterparty to a swap will not make a due payment on a specific reset day. Differently...

It stands for risk-on, risk-off; the process of two-way switching between risky and risk-free investments depending on or in reaction...

The process of two-way switching between risky and risk-free investments depending on or in reaction to risk sentiment as perceived...

The price of credit risk quoted in a credit default swap. This price is derived indirectly from the credit risk...

A portfolio construction strategy and methodology that involves equating the contribution to risk from every group of assets (portfolio) taking...

A cap that is placed on a resetting or periodic interest rate. It is usually purchased by a borrower who...

The risk that mortgage brokers encounter in their business- i.e., provision of commitments to mortgage borrowers. It arises from adverse...

It stands for general wrong way risk; a type of wrong way risk (WWR) that comes into play because of...

It stands for value-at-risk; the amount of loss that is expected, at some specific or pre-specified probability (confidence level), to...

The amount of loss that is expected, at some specific or pre-specified probability (confidence level), to be reached or exceeded...