exposure

89

1. (1) (in relation to a firm but subject to (2) and 101(6)101) the maximum loss which the firm might suffer if:
   1. (a) a counterparty or a group of connected counterparties fail to meet their obligations; or
   2. (b) it realises assets or off-balance sheet positions
2. (2) [deleted]1561377575101

1. (3) [deleted]156
2. (4) [deleted]156137
3. (5) [deleted]156137137
4. (6) (in MIPRU) an asset or liability.101