Credit Risk Related Acronyms
- ACPM Active credit portfolio management
- EAD Exposure at default
- EL Expected loss
- ERM Enterprise risk management
- LGD Loss given default
- PD Probability of default
- KMV quantitative credit analysis solution acquired by credit rating agency Moody's
- PAR Portfolio at Risk
- EL = PD * EAD * LGD Expected Loss formula
- PFE Potential future exposure
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Famous quotes containing the words credit risk, credit, risk and/or related:
“The most threatened group in human societies as in animal societies is the unmated male: the unmated male is more likely to wind up in prison or in an asylum or dead than his mated counterpart. He is less likely to be promoted at work and he is considered a poor credit risk.”
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“The question of place and climate is most closely related to the question of nutrition. Nobody is free to live everywhere; and whoever has to solve great problems that challenge all his strength actually has a very restricted choice in this matter. The influence of climate on our metabolism, its retardation, its acceleration, goes so far that a mistaken choice of place and climate can not only estrange a man from his task but can actually keep it from him: he never gets to see it.”
—Friedrich Nietzsche (1844–1900)