The percentage of the value of an asset that is lost due to an incident or loss event is known as what?

The EF (exposure factor) for an asset is the value of the asset that would be lost in the event of a loss or damage scenario. Depreciation is a financial term that writes down the cost of a capital item over a given lifespan; annualized loss expectancy is a risk-related term, not annual loss event; and asset valuation adjustment was made up for this question.