Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English


English definition of “loan-loss allowance”

loan-loss allowance

noun [C]     (also loan-loss provision [C], loan-loss reserves [plural])
ACCOUNTING, BANKING in a bank’s accounts , an amount showing what it expects to lose from loans that may not be paid back: The loan-loss allowance allocated to foreign loans was the highest on the bank's books . Despite a 26% improvement in its net income , the bank failed to meet Wall Street's expectations because it had to double its loan loss provision .
(Definition of loan-loss allowance noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of loan-loss allowance

Word of the Day


a good knowledge of something, or the fact that you know it so well

Word of the Day


Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More