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Accounting
Banking

LLR

It stands for loan loss reserve; a type of credit enhancement whereby a reserve (specifically, a cash reserve) is created...

Loan Loss Reserve

A type of credit enhancement whereby a reserve (specifically, a cash reserve) is created by a bank for the purpose...

Loss Spiral

A type of liquidity spiral that arises for leveraged entities/ investors. A loss spiral forms when assets decline in value,...

Unrealized Losses

Losses that result from assets/ investments whose value decreased/ depreciated but are still recognized on an entity's balance sheet (i.e.,...

Loss Ratio

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

PnL Account

An abbreviation for profit and loss account; one of the primary financial statements of an entity that presents its revenues...

P/L Account

An abbreviation for profit and loss account; one of the primary financial statements of an entity that presents its revenues...

Profit and Loss Account

One of the primary financial statements of an entity that presents its revenues and expenses during the reporting period. It...

Day-1 Gain or Loss

The gain or loss that is recognized (at the time of initial recognition) as the difference between a transaction price...

Whipsaw Loss

A loss that results from a security making a sudden reversal immediately after a position is taken. The whipping action...