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German to English translations [PRO] Bus/Financial - Finance (general)
German term or phrase:Front
Context: Training course for bankers on how to calculate such things as EAD (exposure at default), LGD (loss given default), PD (probability of default) and EL (expected loss).
Trainees have to choose the correct statement out of a choice of 3 at the end to ensure they have understood. This is one iof the incorrect answers!
Die Totale EL (Expected Loss) der Bank XXX war im Jahr 2006 viel höher als die Kreditverluste. Daraus folgt, dass die EL falsch, d.h. im Jahr 2006 zu hoch, war. Darum wird diese im 2007 wieder ***an die Front zurückbezahlt***.