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CGT

It stands for capital gain tax; a tax that an entity pays on capital gains- that is, gains arising from...

ECN

It stands for enhanced capital note; a capital note that is issued by a regulated institution (e.g., a bank) with...

CTS

It stands for conditional trigger swap; a trigger swap (a hybrid derivative/ hybrid product) that capitalizes on a combined performance...

GLP

It stands for guideline level premium; with respect to life insurance (particularly universal life insurance), it is the level annual...

GSP

It stands for guideline single premium; with respect to life insurance (particularly universal life insurance), it is the premium at...

CWP

A claim is said to be closed without payment (CWP) when it is dismissed and closed, by an insurance firm,...

EP

It stands for earned premium; a portion of an insurance policy's premium that corresponds to the expired part of the...

LLN

It stands for law of large numbers; a probability principle which states that a simple mean, range, standard deviation, or...

TCE/ TA

A ratio that relates tangible common equity (TCE) to tangible assets (TAs). It is used as a measure of an...

TCE

It stands for tangible common equity; a measure of an entity's capital (equity) that constitutes a portion of equity holdings...