Expenses that relate to future periods but are paid in the current financial period (i.e., in advance). Examples of prepaid...
It stands for net charge-off; the difference between the amount of gross charge-offs (GCO), or simply charge-offs, and any recoveries...
The difference between the amount of gross charge-offs (GCO), or simply charge-offs, and any recoveries of a delinquent debt. The...
An acronym for provision for credit losses; a provision that is created (set aside) by an entity, as an amount...
A provision that is created (set aside) by an entity, as an amount deducted from income, to adjust its loan...
It stands for allowance for credit losses; an allowance that constitutes an estimate of a debt/ obligation (credit extended to...
An allowance that constitutes an estimate of a debt/ obligation (credit extended to customers/ buyers) that an entity determines and...
A set of allowances that an entity creates for the purpose of offsetting the amount of an asset such as...
A hedge that aims to mitigate the risks associated with future cash flows/ CF (e.g., the risk of change in...
A hedge that accounts for the changes in the fair value (FV) of a recognized asset or liability or that...