loan-loss allowance Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
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Meaning of “loan-loss allowance” in the English Dictionary

"loan-loss allowance" in Business English

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loan-loss allowancenoun [C]

uk   us   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 from the Cambridge Business English Dictionary © Cambridge University Press)
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