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BTM Effect

It stands for book-to-market effect; a measure that compares the book value of a company to the price of its...

Book-To-Market Effect

A measure that compares the book value of a company to the price of its stock – an inverse of...

Capital Instrument

An instrument that constitutes a component of equity capital (core capital) including ordinary equity (ordinary shares, common stock), both voting...

CT-1 Capital

It stands for core tier-1 capital; a bank's or financial institution's capital that is made up of its equity capital...

Core Tier-1 Capital

A bank's or financial institution's capital that is made up of its equity capital and disclosed reserves. It constitutes an...

Acid Test Ratio

A liquidity ratio that focuses on a company's highly liquid assets as it disregards all but the most liquid of...

Loss Ratio

A ratio that relates losses incurred by an insurance firm to earned premiums (EPs) expressed as a percentage. Loss ratio...

Capital Ratio

A ratio relating a bank's capital to its risk-weighted assets (RWAs). The main forms of this ratio include tier-1 capital...

TCE/ TA

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

Tangible Common Equity Ratio

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