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Judgmental Bias
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Judgmental bias occurs during the estimation
process as the experts are swayed by the background data and the
form of the questions.
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Junior Bond
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Junior bond is subordinated to more senior
bonds in case of bankruptcy, default or similar event, but has
priority before equity.
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Junior Debt
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Junior debt is subordinated to more senior
debt but has priority over equity.
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Key Control Indicator (KCI)
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A Key Control Indicator quantifies how
effectively a specific control tool, approach, or methodology is
working.
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Key Performance Indicator (KPI)
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A Key Performance Indicator measures how
well something is performing, or how efficient it is.
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Key Risk Indicator (KRI)
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A Key Risk Indicator measures the riskiness
of a specific activity.
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Kurtosis
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Kurtosis is a measure of "fat tails," i.e.,
the relative probability of extreme returns compared to usual
returns.
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