Cecl is an English word starting with the letter C. With 9 example sentences you'll see exactly how it works in context.
Cecl in a sentence
Using Cecl
- In the example corpus, cecl often appears in combinations such as: the cecl, cecl effective.
Context around Cecl
- Average sentence length in these examples: 22.8 words
- Position in the sentence: 1 start, 3 middle, 5 end
- Sentence types: 9 statements, 0 questions, 0 exclamations
Corpus analysis for Cecl
- In this selection, "cecl" usually appears near the end of the sentence. The average example has 22.8 words, and this corpus slice is mostly made up of statements.
- Around the word, adopted, adopt, effective, allowance and reserving stand out and add context to how "cecl" is used.
- Recognizable usage signals include adoption of cecl effective january and as the cecl allowance number. That gives this page its own corpus information beyond isolated example sentences.
- By corpus frequency, "cecl" sits close to words such as aab, aamer and aave, which helps place it inside the broader word index.
Example types with cecl
The same corpus examples are grouped by length and sentence type, making it easier to see the contexts in which the word appears:
First, this impact doesn't contemplate a potential phase-in similar to CECL. (13 words)
The methodology will be changing for 2023 as we adopt "CECL", as required. (13 words)
In comparison, the remaining cumulative charge-off number is the same number as the CECL allowance number. (17 words)
The bank adopted CECL effective the 1st of this year, due primarily to the change in accounting methodology, the bank’s allowance has increased by approximately $4 million since the end of last year and now totals approximately $25 million. (40 words)
I mean, yeah, so, I mean, I -- if you are asking me how the provisioning should work, it wouldn't not necessarily result in the same things that we're getting out of the CECL models. (36 words)
So that when we look at ourselves and we understand what CECL reserving requires us to do, that's what we're trying to accomplish. (25 words)
Example sentences (9)
First, this impact doesn't contemplate a potential phase-in similar to CECL.
In comparison, the remaining cumulative charge-off number is the same number as the CECL allowance number.
So that when we look at ourselves and we understand what CECL reserving requires us to do, that's what we're trying to accomplish.
The bank adopted CECL effective the 1st of this year, due primarily to the change in accounting methodology, the bank’s allowance has increased by approximately $4 million since the end of last year and now totals approximately $25 million.
The methodology will be changing for 2023 as we adopt "CECL", as required.
I mean, yeah, so, I mean, I -- if you are asking me how the provisioning should work, it wouldn't not necessarily result in the same things that we're getting out of the CECL models.
The additional $17.1 million was driven by CECL oriented/mandated reserves and not necessarily credit degradation.
The allowance for loan losses increases by $3 billion due to the CECL adjustment for existing loans and a further $850 million for new business.
We are running parallel test and are on track for a successful adoption of CECL effective January 1, 2020.
Common combinations with cecl
These word pairs occur most frequently in English texts: