A type of ledger that records detailed accounting information (such as transaction information) that is not usually reported or shown,...

A type of account that is controlled by a single account known as a control account. This account is part...

In accounting, gross basis is a type of treatment whereby an entity accounts for, and recognizes/ presents, its financial statement...

It stands for gross charge-off; the amount of finance (loans extended) that is not recovered by a lender (e.g., a...

The amount of finance (loans extended) that is not recovered by a lender (e.g., a bank). In other words, it...

It stands for allowance for loans and lease losses; an allowance (specifically, a valuation allowance) that created against an entity's...

An allowance (specifically, a valuation allowance) that created against an entity's total loans held for investment and lease financing receivables....

It stands for current expected credit losses; expected credit losses (ECLs) that are estimated over the life of a financial...

Expected credit losses (ECLs) that are estimated over the life of a financial instrument (loans, debt securities, etc.), while being...

A type of security that represents an amount of debt that the holder (buyer/ investor) expects to get back in...