Glossary
ABS
Asset-Backed Securities
AC
Amortized cost
AFS
Available for sale
AIRB
Advanced internal rating-based
ALLL
Allowance for Loan and Lease Losses
ARIMA
Autoregressive integrated moving average
ARM
Adjustable-rate mortgage
ASU
Accounting Standards Update
BCBS
Basel Committee on Banking Supervision
C&I
Commercial and Industrial
CCAR
Comprehensive Capital Analysis and Review
CCF
Credit conversion factor
CECL
Current Expected Credit Loss
CEM
Current exposure method
CLO
Collateralized loan obligation
CMBS
Commercial mortgage-backed security
COREP
Common reporting
CRE
Commercial real estate
DCF
Discounted cash flow
DFAST
Dodd-Frank Act Stress Test
EAD
Exposure at Default
EBA
European Banking Authority
ECL
Expected credit loss
EDF
Expected Default Frequency
EL
Expected Loss
ERBA
External ratings-based approach
FASB
Financial Accounting Standards Board
FCAG
Financial Crisis Advisory G
FDIC
Federal Deposit Insurance Corporation
FINREP
Financial reporting
Fintech
Financial technology
FV
Fair value
FVNI
Fair value through net income
FVO
Fair value option
FVOCI
Fair value through other comprehensive income
FVPL
Fair value through profit or loss
FX
Foreign exchange
GAAP
Generally Accepted Accounting Principles
HELOC
Home equity line of credit
HTM
Held to maturity
IAS
International Accounting Standard
IASB
International Accounting Standard Board
ICAAP
Internal Capital Adequacy Assessment Process
IMM
Internal Model Method
IRB
Internal ratings-based
LGD
Loss Given Default
LTV
Loan-to-Value
M&A
Mergers and acquisitions
NCUA
National Credit Union Administration
OCC
Office of the Comptroller of the Currency
OCI
Other comprehensive income
OTTI
Other-than-temporary impairment
P&L
Profit and loss
PCA
Principal components analysis
PCD
Purchased financial assets with credit deterioration
PCI
Purchased credit-impaired
PD
Probability of default
PFE
Potential future exposure
PIT
Point in time
PV
Present value
Q
Qualitative
RC
Replacement cost
RMBS
Residential mortgage-backed security
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