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PIES

It stands for premium income equity security; a mandatory convertible that represents a hybrid security consisting of a stock purchase...

SEQUINS

Select EQUity Indexed NoteS (SEQUINS) are an equity linked product (equity-linked note)- a principal-protected note (PPN) - that used to...

PEPS

It stands for premium equity participating security; a mandatory convertible (a trust convertible preferred security, trust CPS) that represents a...

LTP

An acronym for last traded price; the last price at which a trade or trading in a security (e.g., a...

TARGETS

A structured convertible that stands for targeted growth enhanced terms securities. It is a variation of mandatory convertible securities that...

TAPS

A structured convertible that stands for threshold appreciation price securities. It is a variation of mandatory convertible securities that was...

GER

An acronym for gross expense ratio; the total percentage of a mutual fund's assets that are dedicated to managing the...

GCO

It stands for gross charge-off; the amount of finance (loans extended) that is not recovered by a lender (e.g., a...

ALLL

It stands for allowance for loans and lease losses; an allowance (specifically, a valuation allowance) that created against an entity's...

CECL

It stands for current expected credit losses; expected credit losses (ECLs) that are estimated over the life of a financial...