ALLOWANCE FOR BAD DEBT
This is also called as the "loan-loss reserve."
This is the valuation of an account that is used to estimate a part of loan portfolio of the bank that will be uncollectible. In a scenario wherein a loan was unpaid, the asset will then be removed from the records or books and the allowance for bad debt will be used to pay for the book value of the unpaid loan.
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Liquidity Adjustment Facility
A tool in monetary policy where banks are allowed to borrow money through repurchase agreements, and to respond to liquidity pressures. The governm ...
Data Warehousing
Electronic storage of information in a business or corporation. It should be secure, reliable and easy to retrieve and manage. It originated in 198 ...
One-Tailed Test
A statistical test where the critical area of a circulation is one-sided so that it is either less than or greater than a specific value, but not b ...
Less-than-Truckload
A shipping service that carries small loads of freight, weight between partial and full truckload. The service is being offered by many large and n ...
Original Cost
It simply refers to the total cost associated in buying an asset.
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