Business segment reporting breaks out a company's financial data by company divisions, subsidiaries or other segments.
For noncontrolling, nonmarketable ownership interest, a discount for lack of marketability is often applied to security and investment valuations.
Cash earnings per share is a more conservative alternative to basic earnings per share used to assess per share financial performance.
An earnings estimate is an analyst's estimate for a company's future quarterly or annual earnings per share.
The down-market capture ratio is a statistical measure of an investment manager's overall performance in down-markets.
An underwriter syndicate is a temporary group of investment banks and broker-dealers who come together to sell offerings of equity or debt securities.
A tombstone is a written advertisement placed by investment bankers in a public offering of a security that provides basic details about the issue.
Probable Maximum Loss (PML) is the maximum loss that an insurer would be expected to incur on a policy.
Net premiums written is the sum of premiums written by an insurance company over time, minus premiums ceded to reinsurance, plus any reinsurance assumed.
A loss adjustment expense (LAE) is an expense associated with investigating and settling an insurance claim.