RBC Financial Group
RBC Home | Search | Site Map | Contact Us | Legal Terms | Français  
Other RBC Sites:
Banking Investments Capital Markets
About RBC
» Corporate Profile
» Corporate Governance
» History
News & Information
Investor Relations
Quarterly Information
Events & Presentations
Annual Reports
Annual Meetings
Share Information
Debt Investors
Frequently Asked Questions
Regulatory Filings
Contact Us
» Media Newsroom
» RBC Social Media
» Economics
» Publications
RBC and ...
» Community & Sustainability
» Careers
» Diversity
How to ...
» Become a Vendor
» Become an Employee
» Make a Complaint



U, V, W, X, Y, Z


U.S. generally accepted accounting principles.

Value-At-Risk (VAR)

A generally accepted risk-measurement concept that uses statistical models to estimate within a given level of confidence the maximum loss in market value that the bank would experience in its trading portfolios from an adverse one-day movement in market rates and prices.

Variable interest entity (VIE)

A variable interest entity is an entity which either does not have sufficient equity at risk to finance its activities without additional subordinated financial support or where the holders of the equity at risk lack the characteristics of a controlling financial interest.


Jump To
Back to Glossary Index

Stock Price
Stock Chart
Take Action
  E-Mail Alerts
  Contact Us

In the News
  RBC Centura acquires Alabama National BanCorporation (09.06.07)
  Gordon M. Nixon to speak at Scotia Capital Financials Summit 2007 (09.05.07)
  Royal Bank of Canada reports strong results for the third quarter of 2007 (08.24.07)
  Royal Bank of Canada announces increase to common share dividend (08.24.07)
  More >>

  RBC Quick Facts
  Investor's Briefcase
  2006 Online Annual Report

Learn More
  Frequently Asked Questions
  Analyst Coverage
09/28/2007 08:45:09