loss given default

Defined in Article 4, Capital Requirements Regulation (CRR)

Definitions over time (3)

1. 01/01/2025 – today applies on 11/11/2026 Article 4, Capital Requirements Regulation (CRR) Scope: Whole act Also: LGD

   For the purposes of this Regulation, the following definitions shall apply:

   ‘loss given default’ or ‘LGD’ means the ratio of the loss on an exposure related to a single facility due to the default of an obligor or, where applicable, of a credit facility to the amount outstanding at default or at a given reference date after the date of default, and, in the context of dilution risk, the loss given dilution meaning the ratio of the loss on an exposure related to a purchased receivable due to dilution, to the amount outstanding of the purchased receivable;

2. 25/12/2019 – 01/01/2025 Article 4, Capital Requirements Regulation (CRR) Scope: Whole act Also: LGD

   For the purposes of this Regulation, the following definitions shall apply:

   ‘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;

3. 28/06/2013 – 19/07/2016 Article 4, Capital Requirements Regulation (CRR) Scope: Whole act Also: LGD

   For the purposes of this Regulation, the following definitions shall apply:

   ‘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;

Used in (256 places in 55 provisions on 11/11/2026)

Capital Requirements Regulation (CRR) (256 in 55)

Recital 128 · Article 4² · Article 108³ · Article 142⁶ · Article 143² · Article 144² · Article 145³ · Article 147 · Article 148³ · Article 149³ · Article 151⁷ · Article 153⁵ · Article 154³ · Article 157 · Article 158⁴ · Article 159a² · Article 160⁷ · Article 161²³ · Article 162² · Article 163² · Article 164²³ · Article 170³ · Article 172 · Article 173 · Article 176¹² · Article 179² · Article 180¹⁰ · Article 181¹⁸ · Article 182 · Article 183⁴ · Article 185² · Article 189 · Article 191 · Article 192³ · Article 208 · Article 211 · Article 230¹⁰ · Article 231⁴ · Article 232² · Article 236⁸ · Article 236a⁹ · Article 255 · Article 259¹³ · Article 260 · Article 269a² · Article 291³ · Article 325bp¹² · Article 379² · Article 383a⁵ · Article 452⁵ · Article 453 · Article 495b⁵ · Article 495c · Article 500⁵ · Article 506c