lexiara

art_4__para_1__point_55__text_1

CRR

'loss given default' or 'LGD' means the ratio of the loss on an exposure due to the default of a counterparty to the amount outstanding at default;

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Source: EUR-Lex (Cellar) · retrieved 2026-09-25 · Text as adopted (Official Journal); later amendments are not incorporated in this text.