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Glossary

 

T

Taxable equivalent basis (teb)

A non-GAAP measure that increases income from tax-advantaged sources to a level that would make it comparable to income from taxable sources. There is an offsetting adjustment in the tax provision, thereby generating the same after-tax net income as reported under GAAP.

Trust Capital Securities (RBC TruCS)

Transferable trust units issued by RBC Capital Trust or RBC Capital Trust II for the purpose of raising Innovative Tier 1 capital.

 

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09/28/2007 08:45:09