FLDG
| Definition | : | First Loss Default Guarantee |
| Category | : | Business » Finance |
| Country/Region | : | Worldwide |
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| Type | : |
Initialism
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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
What is the full form of FLDG?
The full form of FLDG is First Loss Default Guarantee