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International coordination of minimum capital requirements for commercial banks began in
Expected Loss
The anticipated amount of loss a party incurs due to risk, calculated as the sum of all possible losses each multiplied by the probability of that loss occurring.
Coastal Town
A town located near or on the coastline, often characterized by maritime activities and tourism.
Flood Control System
An infrastructure or set of strategies intended to manage the potential negative impacts of flooding on communities, including prevention measures and emergency responses.
Insurer
An entity that provides insurance coverage, assuming the risk of loss for its policyholders in exchange for premium payments.
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