In accounting, GL stands for general ledger; a bookkeeping ledger in which accounting figures (related to transactions and events) are...
The main place in which an entity's accounting transactions are recorded, specifically all non-personal accounts such as cash book, petty...
A provision that is created and held against impairments in the performing portfolio (of loans and credits) that have been...
An event or occurrence that gives rise to impairment of an asset or a collection of assets (e.g., financial assets)....
Losses that reflect the expected or potential credit losses that may arise as to an entity's financial assets due to...
A provision that is created for impairment losses arising from loans, receivables, and similar types of extended credit. Impairment losses...
A measure of minority interest that represents the proportion of excess capital of a subsidiary that relates to third parties...
In accounting, encumbrance is a commitment to spend a certain amount of money for a particular purpose at a certain...
It stands for probability of default; in connection with the risk of default (associated with a loan or a credit...
In connection with the risk of default (associated with a loan or a credit arrangement), probability of default (PD) is...