# Correlation risk, specific (specific wrong-way risk)

- Canonical URL: https://www.gerhardmerk.de/correlation-risk-specific-specific-wrong-way-risk
- Post ID: 590905
- Modified: 2023-07-25T21:00:41+00:00
- Language: en

## Definition

Risk that arises in the event of a high Interdependence between - the expected default frequency of a counterparty and - the replacement cost of existing transactions with this counterparty. - See counterparty risk, node risk, counterparty risk, concentration risk, availability premium, replacement risk. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

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