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provision of a loan

См. также в других словарях:

  • provision — pro‧vi‧sion [prəˈvɪʒn] noun 1. [uncountable] the act of providing something that someone needs: • the provision of childcare facilities at work • provision for people with disabilities 2. make provision( s) to make plans for future needs: make… …   Financial and business terms

  • loan-loss allowance — ➔ allowance * * * loan loss allowance UK US noun [C] (also loan loss provision [C], loan loss reserves [plural]) ► ACCOUNTING, BANKING in a bank’s accounts, an amount showing what it expects to lose from loans that may not be paid back: »The loan …   Financial and business terms

  • loan-loss provision — ➔ provision …   Financial and business terms

  • Loan Shark — A person or entity that charges borrowers interest above an established legal rate. Depending on where a person lives, lenders typically cannot charge more than 60% interest per annum. A loan shark, then, would be someone who illegally charged… …   Investment dictionary

  • Loan Loss Provision — An expense set aside as an allowance for bad loans (customer defaults, or terms of a loan have to be renegotiated, etc). Also know as a valuation allowance or valuation reserve . This would be a bank s equivalent of a manufacturing company s… …   Investment dictionary

  • market flex provision — flex language / market flex (provision) USA A provision in bank loan financing fee letters that permits the agent banks to change the amount, pricing, structure, yield, tenor, conditions and other terms of the financing if necessary to… …   Law dictionary

  • Marketing loan repayment provisions — In United States agricultural policy, a marketing loan repayment provision is a loan settlement provision, first authorized by the Food Security Act of 1985 (P.L. 99 198), that allowed producers to repay nonrecourse loans at less than the… …   Wikipedia

  • grace and notice provision — The provision in a loan agreement that a borrower who fails on the due date to meet either an interest obligation or capital repayment obligation or who fails to comply with an undertaking is not initially in default. This prevents the cross… …   Accounting dictionary

  • grace and notice provision — The provision in a loan agreement that a borrower who fails on the due date to meet either an interest obligation or capital repayment obligation or who fails to comply with an undertaking is not initially in default. The grace and notice… …   Big dictionary of business and management

  • clear market provision — USA A contractual provision in bank loan commitment letters that makes it a condition precedent to making loans that the borrower and its subsidiaries not incur any other debt or issue any securities for a specified period of time that would… …   Law dictionary

  • most favored nations provision — + Most Favored Nations Provision (MFN) USA This term has a number of meanings. In the context of: • Finance, business jargon for the concept that the first party will be entitled to at least as favorable terms as a second party in specified… …   Law dictionary

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