Default

  • 6 Posts
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  • 1 Types
August 18, 2024 5 min read Dictionary
Default
Finance Economics Default Debt Credit Risk Borrowing
Default refers to the failure to make required interest or principal repayments on a debt.
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August 18, 2024 5 min read Dictionary
Delinquent
Financial Terms Borrowing Delinquency Finance Debt Credit Default
A state of being in arrears in a timely manner, leading to potential default and financial woes.
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August 18, 2024 6 min read Dictionary
Foreclosure
Real Estate Finance Foreclosure Mortgage Default Legal Property
The legal process through which lenders recover owed amounts on defaulted loans by taking ownership of mortgaged properties.
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August 18, 2024 6 min read Dictionary
Loss Given Default (LGD)
Finance Banking LGD Risk Management Default Financial Institutions Basel II
Loss Given Default (LGD) is the estimated loss experienced by a financial institution when a borrower defaults on a loan.
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August 18, 2024 6 min read Dictionary
Notice of Default
Mortgage Terms Legal Notices Default Mortgage Foreclosure Court Comedy
A comedic look at the public warning in mortgage land!
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August 18, 2024 6 min read Dictionary
Recovery Rate
Finance Debt Recovery Rate Finance Terms Default Debt Instruments LGD
Understanding the Recovery Rate in finance, featuring humor and insights into defaults and debt.
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