- Compound Annual Growth Rate [CAGR]
Compound annual growth rate (CAGR) is a business and investing specific term for the geometric progression ratio that provides a constant rate of return over the time period. The compound annual growth rate (CAGR) is a useful measure of growth over multiple time periods. It can be thought of as the growth rate that gets you from the initial investment value to the ending investment value if you assume that the investment has been compounding over the time period.
- The Current Expected Credit Loss model (CECL)
- Is the new accounting model FASB has issued for the recognition and measurement of credit losses for loans and debt securities. The new standard will generally be effective for SEC registrants’ 2020 financial statements and in 2021 for banks that are not SEC registrants.