Probability of Default (PD)

A lender's internal estimate of the probability that a borrowing counterparty defaults over a one-year horizon.

Source: Headwind or Tailwind? How Banks Interpret Borrowers' AI Exposure (European Central Bank) · p.13

Reports that mention Probability of Default (PD)

The unintended effects of green finance development on corporate credit risk: a dual-channel analysis of financing and investmentAcademic research
Access to Capital and the IPO Decision: An Analysis of US Private FirmsAcademic research

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