What is 'Back-to-Back Commitment' A commitment to make a second take-out loan that piggybacks another loan. With a back-to-back commitment, once the...
What is 'Canadian Originated Preferred Securities - COPrS' A long-term subordinated debt instrument issued in Canada. COPrS (pronounced "coppers") are a type...
What is 'Calendar Year Experience' The underwriting result based on earned premiums and booked incurred losses for the same calendar-year accounting period....