Impairment allowance: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Create the page. Sources: linked pages.) |
imported>Doug Williamson (Classify page.) |
||
| (One intermediate revision by the same user not shown) | |||
| Line 3: | Line 3: | ||
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. | ||
== See also == | == See also == | ||
* [[Allowance]] | |||
* [[Bad debt provision]] | * [[Bad debt provision]] | ||
* [[Impaired loan]] | * [[Impaired loan]] | ||
* [[Impairment]] | * [[Impairment]] | ||
* [[Loan]] | * [[Loan]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
[[Category:Identify_and_assess_risks]] | |||
[[Category:Manage_risks]] | |||
[[Category:Risk_frameworks]] | |||
[[Category:Risk_reporting]] | |||
[[Category:Financial_products_and_markets]] | |||
Latest revision as of 00:04, 3 August 2021
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.
