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Provision for Unexpired Risks

An amount that an insurance company sets aside, on its the balance sheet, in addition to unearned premiums in connection...

Provision

A charge that an Islamic bank makes against earnings. In other words, it is a contra-asset that is created by…

General Provision

A type of provision in an Islamic bank that is set aside to reflect a potential loss that may arise…

PCL

An acronym for provision for credit losses; a provision that is created (set aside) by an entity, as an amount...

Provision for Credit Losses

A provision that is created (set aside) by an entity, as an amount deducted from income, to adjust its loan...

Callability Provision

A feature which is attached to a callable bond giving the issuer the right to purchase back the bond at...

Stock Performance Call Provision

A call provision in which the issuer can exercise the call right only if the underlying stock rises above a...

Specific Provision

An allowance (provision) that is set up for expected credit losses (ECLs) on specific unimpaired loan/ receivables and other exposures...

General Provision

An allowance (provision) that is set up for expected credit losses (ECLs) on total unimpaired loan/ receivables and other exposures...

Individual Provision

An allowance (provision) that is set up for expected credit losses (ECLs) on specific unimpaired loan/ receivables and other exposures...