Expected Loss

The average financial loss or impact that can be anticipated for a particular loss event or risk. It is calculated based on experience and past information. It is normally given as the average loss amount over a specified period of time e.g. the expected amount loss per year.


Expected Loss

The average financial loss or impact that can be anticipated for a particular loss event or risk. It is calculated based on experience and past information. It is normally given as the average loss amount over a specified period of time e.g. the expected amount loss per year.

Used in methodology