| 单词 | FRACTIONAL EXPOSURE |
| 释义 | The amount of future CREDIT RISK inherent in an OVERTHECOUNTER DERIVATIVE transaction, typically combined with ACTUAL EXPOSURE to determine total credit exposure. The amount of fractional exposure in a derivative is dependent on market movements in the UNDERLYING reference: the greater the potential future market moves, the greater the fractional exposure. Fractional exposure, which can be estimated through statistical or simulation methods, is positive at the inception of a transaction and declines as maturity approaches, since the opportunity for further market moves that can affect value becomes limited. Also known as DEEMED RISK, POTENTIAL MARKET RISK, PRESETTLEMENT RISK, TIMETODECAY RISK. |
| 随便看 |
|
法律词典收录了41026条英汉双解法律词条，基本涵盖了常用法律英语单词及短语词组的翻译及用法，是法律学习的有利工具。