Definition for : Exposure

"Exposure" is used in finance to refer to the Risk taken (the exposure) for instance by a lender on a given borrower (a "Credit exposure") or asset class, and more generally via any financial instrument on any counterparty (or group of counterparties).
(See Chapter 49 Managing working capital of the Vernimmen)
To know more about it, look at what we have already written on this subject