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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Alternative Order
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Catalog of Federal Domestic Assistance – CFDA
Government-wide compendium of Federal assistance programs, projects, activities, and services, which offers financial and nonfinancial assistance o ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 04:00 | Expected Annual Inflation 2y from now | 4 quarter | |
| 07:00 | Economy Watchers Survey | Oct | |
| 10:30 | New Yuan Loans | Oct | |
| 01:30 | Westpac Consumer Sentiment | Nov | |
| 01:50 | M2 Money Supply + CD | Oct | |
| 02:30 | NAB Business Confidence | Oct | |
| 08:00 | Prelim Machine Tool Orders | Oct | |
| 09:00 | CPI | Oct | |
| 09:00 | Harmonized CPI | Oct |
