Capital allocated by a company to cover risks arising from the nature of its business and the markets in which it operates, based on an assessment of those risks and the likelihood of adverse developments. For example, banks may be required to set aside capital to cover their exposure to the risk of customers defaulting on the repayment of loans
Found on
http://www.aviva.com/glossary/
an amount of capital needed to offset losses during a ten-year period with adverse circumstances.
Found on
https://www.encyclo.co.uk/local/21674
No exact match found.
