违约债务人 meaning in English
defaulting debtor
Examples
- The first hypothesis is true according to the pd of 1 - year and pds of each quarterly in one year before special treatment and the second hypothesis also is true in three quarterlies before a corporation is specially treated . default probability of a specially treated corporation is high and tends to increase as time near the exposure date . 2 . kmv model has a capacity of discriminating the bad borrowers from good borrowers . 3 . volatility of market value of asset is determinant of default probability
本文得出的主要结论有: (一)假设一在特别处理前一年及各个季度内成立,假设二在特别处理前三个季度内成立,我国资本市场中的特别处理公司具有较高的违约概率且随着时间向特别处理实施日期逼近违约概率增加; (二) kmv模型具有较强的对违约债务人的识别力; (三)影响违约概率的主要因素是公司资产价值波动率。