What does LGD mean? What is the full form of LGD?

The Full Form of LGD is Loss given default.

Loss given default (LGD) is the amount of money a bank or other financial institution loses when a borrower defaults on a loan, depicted as a percentage of total exposure at the time of default. A financial institution’s total LGD is calculated after a review of all outstanding loans using cumulative losses and exposure.

LGD

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Loss given defaulthow to pronounce Loss given default

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What does LGD mean? What is the full form of LGD?
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