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Default (finance), failure to satisfy the terms of a loan obligation or failure to pay back a loan; Default judgment, a binding judgment in favor of either party based on some failure to take action by the other party; Default rule, a rule of law that can be overridden by a contract, trust, will, or other legally effective agreement
Bravely Default is a role-playing video game which features a party of four characters navigating the fantasy world of Luxendarc. Navigation in towns, dungeons, and the world map environments are presented in an angled, third-person overhead view: the character remains still, the camera zooms out to a distant view.
Loss given default or LGD is the share of an asset that is lost if a borrower defaults. It is a common parameter in risk models and also a parameter used in the calculation of economic capital , expected loss or regulatory capital under Basel II for a banking institution .