Impairment allowance: Difference between revisions
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imported>Doug Williamson (Create the page. Sources: linked pages.) |
imported>Doug Williamson (Expand.) |
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An amount representing management's best estimate of losses on a portfolio of loans. | An amount representing management's best estimate of losses on a portfolio of loans. | ||
It is the equivalent of a bad debt provision for a non-financial organisation. | It is the banking equivalent of a bad debt provision for a non-financial organisation. | ||
Revision as of 15:38, 30 October 2016
Banking.
An amount representing management's best estimate of losses on a portfolio of loans.
It is the banking equivalent of a bad debt provision for a non-financial organisation.
