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. 5090150923, or in 401.5 or 401.7 of this chapter shall have the meaning contained therein.