Under Basel III, Banks Are Allowed to Use Their Internal

question 87

True/False

Under Basel III, banks are allowed to use their internal estimates of borrower creditworthiness to assess credit risk subject to strict disclosure standards.

---

Definitions:

Series

A sequence of numbers in which each term after the first is formed by adding a fixed number to the previous term.

Number

A mathematical object used to count, measure, and label.

Economic Rent

The extra income earned by a resource or property due to its unique status or location, over and above its production costs.

Running Back

A position in American and Canadian football where the player is part of the offensive team and is responsible for running with the ball.