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• ​The annualized rate at which the loans underlying a security have defaulted. Also known as the Conditional Default Rate, or CDR.

  National Credit Union Administration (NCUA) - Cite This Source - This Definition
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  Cite Definition for Default Rate

  American Psychological Association (APA)

  Default Rate. (n.d.). Corporate System Resolution Costs Glossary. Retrieved March 21, 2023, from website: http://www.expertglossary.com/definition/default-rate.

  Chicago Manual of Style (CMS)

  Default Rate. www.ncua.gov. Corporate System Resolution Costs Glossary. National Credit Union Administration (NCUA). http://www.expertglossary.com/definition/default-rate (accessed: March 21, 2023).

  Modern Language Association (MLA)

  "Default Rate." Corporate System Resolution Costs Glossary. National Credit Union Administration (NCUA). 21 March. 2023 http://www.expertglossary.com/definition/default-rate.

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