FINANCE|financing and investment
- suíomh céadchaillteanais Reference Faomhadh an téarma seo mar chuid de Thionscadal Lex
- ga
- first-loss position
- en
- Definition position in a security that will suffer the first economic loss if the underlying assets lose value or are foreclosed on Reference "Loans > Business and Personal Finance Dictionary. http://www.special-loans.com/dictionary.asp?t=first-loss_position [31.5.2011]"
- Comment The first-loss position carries a higher risk and a higher yield.