Exposure
- Japanese
- エクスポージャー
- Last reviewed
- September 26, 2026
This is a draft, shown for review before publication.
Exposure is the amount that could be lost if a counterparty fails. For derivatives, it is the positive part of the value of the transactions with the counterparty (zero if the value is negative), which is the amount lost if nothing is recovered.
Related terms
Explained in detail
Pages that use this term
- How Regional Banks Use Derivatives
- How Hedge Funds Use Derivatives
- First-to-Default Baskets
- Property Derivatives
- CVA and DVA
- FVA and MVA
- Monte Carlo Simulation
- Exposure Profiles by Product
- Wrong-Way Risk
- Risk Reduction through Netting and Collateral
- Credit Limit Management
- Overview of the Regulatory Treatment of Counterparty Risk
- Handling Margin Calls
- Booking Errors and Confirmation Mismatches
- Risk-Weighted Assets (RWA)
- The Client Business Flow
- KYC and Credit Review
- Daily Risk Management Operations
- Collateral Operations
- Front-to-Back System Architecture
- Trading System Types and Vendor Examples
- Choosing the Booking Entity
- Fair Value Measurement: IFRS 13, ASC 820 and the Fair Value Hierarchy
- CVA and DVA in Accounting
- The Credit Support Annex (CSA)
- Close-Out Netting
- Japan's Close-Out Netting Act
- Netting Enforceability and Legal Opinions
- Portfolio Compression
- CCP Default Management
- Dodd-Frank Act Title VII
- Swap Dealer Registration
- Overview of Derivatives Regulation in the EU and UK
- UK EMIR
- The G20 OTC Derivatives Reforms
- BCBS-IOSCO Margin Requirements for Uncleared Derivatives
- The Fundamental Review of the Trading Book (FRTB)
- The Standardized Approach for Counterparty Credit Risk (SA-CCR)
- The CVA Risk Capital Charge
- The Collapse of LTCM