MPL

Maximum probable loss (MPL) means the greatest dollar amount of loss for bodily injury or property damage that is reasonably expected to result from a licensed or permitted activity;

Source

14 CFR § 440.3


Scoping language

Except as otherwise provided in this section, any term used in this part and defined in 51 U.S.C. 50901-50923, or in 401.5 of this chapter shall have the meaning contained therein. For purposes of this part -

Is this correct? or