| 释义 |
loan-loss allowance
noun[ C ]
ukus(alsoloan-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.
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