Annual Static Pool Loss Percentage

Example Definitions of "Annual Static Pool Loss Percentage"
Annual Static Pool Loss Percentage. Means, as of the date of determination, the ratio of the aggregate Charge-offs of Principal Balances taken on the Borrower's books with respect to Receivables originated or acquired by the Borrower during a specified annual period to the aggregate original Principal Balance of such Receivables.
Found in White River Capital Inc contract
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