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...

It stands for loan loss reserve; a type of credit enhancement whereby a reserve (specifically, a cash reserve) is created...

A type of credit enhancement whereby a reserve (specifically, a cash reserve) is created by a bank for the purpose...

A type of liquidity spiral that arises for leveraged entities/ investors. A loss spiral forms when assets decline in value,...

Losses that result from assets/ investments whose value decreased/ depreciated but are still recognized on an entity's balance sheet (i.e.,...

A ratio that relates losses incurred by an insurance firm to earned premiums (EPs) expressed as a percentage. Loss ratio...

An abbreviation for profit and loss account; one of the primary financial statements of an entity that presents its revenues...

An abbreviation for profit and loss account; one of the primary financial statements of an entity that presents its revenues...

One of the primary financial statements of an entity that presents its revenues and expenses during the reporting period. It...