|Definition||:||First Loss Default Guarantee|
|Category||:||Business » Finance|
What does FLDG mean?
First Loss Default Guarantee (FLDG) is an arrangement whereby a third party compensates a lender if the borrower defaults.
FLDG is a lending model wherein a third-party guarantees to compensate up to a certain percentage of default in a loan portfolio.
Frequently Asked Questions (FAQ)
What is the full form of FLDG?
The full form of FLDG is First Loss Default Guarantee
What is the full form of FLDG in Business?
What is the full form of FLDG in Worldwide?
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