can someone plz tell me what that means? i cant seem to find the definition anywhere on google, is attrition the same thing as liquidation, ie customers that liquidate before maturity? thanks in advance!
it could be referring to a portfolio or structure that’s made up of loans. as they mature or default they total portfolio w/b decreasing at the mat/default rate.
look up the word attrition in the dictionary and relate it to loans.