Expected shortfall, like VAR, is a function of two parameters: N (the time horizon in days) and X% (the confidence level). It is the expected loss during an N-day period, conditional that the loss is greater than the Xth percentile of the loss distribution.
Longanisa is a Philippine version of a Spanish Longaniza sausage. Longaniza is also popular in Argentina, Chile, Mexico and all other Spanish speaking countries including the Caribbean Islands like Cuba and the Dominican Republic.
A paronychia is an infection of the skin that surrounds a toenail or fingernail. Acute paronychia â This usually appears as a sudden, very painful area of swelling, warmth and redness around a fingernail or toenail, usually after an injury to the area.