probability of default

简明释义

坏帐概率,坏帐机率

英英释义

例句

1.The bank assessed the probability of default 违约概率 for each loan applicant before approving their requests.

银行在批准每个贷款申请之前评估了其 违约概率。

2.Understanding the probability of default 违约概率 helps banks manage their risk exposure effectively.

理解 违约概率 有助于银行有效管理其风险敞口。

3.Credit rating agencies provide insights into the probability of default 违约概率 associated with different bonds.

信用评级机构提供与不同债券相关的 违约概率 的见解。

4.The company's financial model includes a calculation for the probability of default 违约概率 to forecast potential losses.

公司的财务模型包括计算 违约概率 以预测潜在损失。

5.Investors are concerned about the rising probability of default 违约概率 in emerging markets.

投资者对新兴市场中上升的 违约概率 感到担忧。

作文

In the world of finance, understanding risk is paramount. One of the key concepts that investors and financial analysts often discuss is the probability of default. This term refers to the likelihood that a borrower will fail to meet their debt obligations, which can have significant implications for lenders and the overall economy. To grasp the importance of the probability of default, it is essential to delve into its components and consequences.The probability of default is influenced by various factors, including the borrower's credit history, income stability, and economic conditions. For instance, an individual with a strong credit score and a stable job is less likely to default on a loan compared to someone with a poor credit history and unstable employment. Similarly, during economic downturns, the probability of default tends to increase as individuals and businesses face financial hardships.Financial institutions use the probability of default to assess the risk associated with lending money. By calculating this probability, they can determine interest rates, set loan limits, and make informed decisions about approving loans. A higher probability of default may lead to higher interest rates, as lenders seek to compensate for the increased risk of non-repayment. Conversely, a lower probability of default can result in more favorable lending terms for borrowers.Moreover, the probability of default plays a crucial role in the pricing of credit derivatives and other financial instruments. Investors need to understand the risks involved in their investments, and the probability of default provides valuable insight into the likelihood of losing money due to a borrower’s failure to pay back their debt. This information is critical for making sound investment decisions and managing portfolios effectively.In addition to individual borrowers, the probability of default also applies to corporations and governments. Credit rating agencies evaluate companies and sovereign nations based on their ability to honor debts, providing ratings that reflect their probability of default. These ratings influence investor confidence and can impact the cost of borrowing for these entities. For example, a country with a high probability of default may face higher borrowing costs in international markets, which can hinder its ability to finance public projects and stimulate economic growth.Understanding the probability of default is not only important for lenders and investors, but it also holds significance for policymakers. Governments often monitor the probability of default at both the individual and systemic levels to gauge economic stability. High default rates can signal underlying issues within the economy, prompting authorities to implement measures to mitigate risks and support growth.In conclusion, the probability of default is a fundamental concept in finance that reflects the risk associated with lending and borrowing. By analyzing this probability, financial institutions, investors, and policymakers can make informed decisions that promote economic stability. As we navigate the complexities of the financial world, a thorough understanding of the probability of default will remain essential for managing risks and ensuring sustainable growth in the economy.

在金融世界中，理解风险至关重要。投资者和金融分析师经常讨论的一个关键概念是违约概率。这个术语指的是借款人未能履行其债务义务的可能性，这对贷款人和整体经济都可能产生重大影响。要掌握违约概率的重要性，有必要深入研究其组成部分和后果。违约概率受多种因素的影响，包括借款人的信用历史、收入稳定性和经济状况。例如，信用评分较高且工作稳定的个人比信用历史较差且就业不稳定的人更不可能违约。同样，在经济衰退期间，违约概率往往会增加，因为个人和企业面临财务困难。金融机构使用违约概率来评估与借款相关的风险。通过计算这一概率，他们可以确定利率、设定贷款限额，并就批准贷款做出明智的决定。较高的违约概率可能导致较高的利率，因为贷款人希望补偿因非偿还而增加的风险。相反，较低的违约概率可以为借款人带来更有利的贷款条款。此外，违约概率在信用衍生品和其他金融工具的定价中也起着关键作用。投资者需要了解投资中的风险，而违约概率提供了有关由于借款人未能偿还债务而导致损失的可能性的重要见解。这些信息对于做出合理的投资决策和有效管理投资组合至关重要。除了个人借款人外，违约概率同样适用于公司和政府。信用评级机构根据公司和主权国家履行债务的能力进行评估，提供反映其违约概率的评级。这些评级影响投资者信心，并可能影响这些实体的借款成本。例如，具有高违约概率的国家可能在国际市场上面临更高的借款成本，这可能阻碍其融资公共项目和刺激经济增长的能力。理解违约概率不仅对贷款人和投资者重要，它对政策制定者也具有重要意义。政府通常监测个人和系统层面的违约概率以评估经济稳定性。高违约率可能表明经济内部存在潜在问题，促使当局采取措施以减轻风险并支持增长。总之，违约概率是金融中的一个基本概念，反映了与借贷相关的风险。通过分析这一概率，金融机构、投资者和政策制定者可以做出促进经济稳定的明智决策。在我们应对金融世界的复杂性时，全面理解违约概率将始终是管理风险和确保经济可持续增长的关键。