Two Ways to Calculate, Plus an Example
What Is Loss Given Default (LGD)? Loss given default (LGD) is the estimated amount of money a bank or other financial institution loses when a borrower defaults on a loan.…
- Thu. Dec 7th, 2023
What Is Loss Given Default (LGD)? Loss given default (LGD) is the estimated amount of money a bank or other financial institution loses when a borrower defaults on a loan.…