one-year default rate
Defined in Article 4, Capital Requirements Regulation (CRR)
Uses as of 23/12/2017
Definitions over time (1)
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19/07/2016 – 27/06/2019 applies on 23/12/2017 Article 4, Capital Requirements Regulation (CRR) Scope: Whole act
For the purposes of this Regulation, the following definitions shall apply:
‘one-year default rate’ means the ratio between the number of defaults occurred during a period that starts from one year prior to a date T and the number of obligors assigned to this grade or pool one year prior to that date;
Other definitions of this term in this act (2)
Each has its own scope, dates and uses. Open one to see when it applies.