Firms are expected to engage directly with policy materials, including rules in the PRA Rulebook, supervisory statements, EU materials and determine â bearing in mind the overarching principle of safety and soundness â whether they meet the PRAâs expectations.
An expression is a mathematical phrase that combines operations, numbers, and, in some cases, variables. View our Lesson on Writing Algebraic Expressions.
An equation is a mathematical statement that two expressions are equal. In a simple numerical equation, expressions made of numbers and operations appear on each side of an equals sign. The equals sign means that the two expressions have the same value. For example, 3 + 9 = 12 is an equation.