Tax Rate- This is the effective tax rate, obtained by dividing the taxes paid by the taxable income as reported to the stockholders. We would rather have used marginal tax rates, but these are not reported.

 

Temporary Financing- Temporary financing provides capital through short or medium-term debt; includes seasonal and cyclical loans.

 

Theta- Theta measures the expected decline in option value with the passage of time.

 

Third Parties- Third parties typically refer to others than the main principals involved in a transaction, business, or organization; an entity external to the organization.

 

Through the Cycle (TTC) Model- Through the Cycle model determine regulatory capital adequacy to reflect the risk, and the associated regulatory capital requirements throughout the credit and business cycle.

 

Tier 1 Capital- Tier 1 Capital in the Basel Accords is the core capital of the bank and refers to equity capital and to certain types of disclosed reserves as well as particular debt/equity hybrid securities.

 

Tier 2 Capital- Tier 2 Capital in the Basel Accords is supplementary capital and refers to undisclosed and certain disclosed reserves, general provisions, general loan loss reserves, hybrid capital instruments, and subordinated debt.

 

Tier 3 Capital- Tier 3 Capital in the Basel Accords is a specific type of supplementary capital and refers to certain type of short-term debt that can partially satisfy regulatory minimum capital requirements for market risk only.

 

Total Beta=  Market Beta / Correlation between stock and market

This measure is equivalent to dividing the standard deviation of a stock by the standard deviation of the market. For an undiversified investor, it may be a better measure of risk than the traditional market beta. It is useful for computing the cost of equity for a private business with an undiversified owner.

 

Total Return Swap (TRS)- Total Return Swap is an equity swap where the receiver gets a payment equal to the total return-capital gains plus dividends-of a stock over a fixed period of time, usually a calendar quarter.

 

Trading Book- The trading book of a bank is the portfolio of various positions in financial assets, instruments and commodities that a bank holds with the intention to invest, to trade, or to hedge other positions in the trading book.

 

Transaction Cost- Transaction cost is an expense incurred in buying or selling a security, including commissions, markups, markdowns, fees, and any direct taxes as well as the potential cost of executing the trade in the market due to widening spreads and liquidity considerations.

 

Transparency- Transparency relates to the full, accurate, and timely disclosure of otherwise internal business, financial, or accounting information.

 

Treasury- The treasury manages the financial aspects of an organization and in banking it typically manages the bank's asset and liability structure, liquidity, and capital exposure.

 

Treasury Risk- Treasury risk is defined as the risk of loss in the activities of a bank's Treasury.

ר רועי פולניצר, MBA ,CRM , FRM הינו הבעלים של שווי פנימי - ייעוץ והדרכהשווי פנימי, רועי פולניצר, ניהול סיכונים, הערכות שווי, Intrinsic Value, Roi Polanitzer, Risk Management, Valuation, VaR, FRM. PRM, CRM. GARP, PRMIA, IARM