An account, also known as an "Allowance for Bad Debt", that is maintained by banks in order to account for the percentage of outstanding loans that will not be paid back. Overestimation or underestimation of the amount that will be needed for this account can affect the economic health of a bank.
Related information about bad debt provision:
- What is bad debt provision? - BusinessDictionary.com
Definition of bad debt provision: An amount shown in a financial statement representing amounts formerly classified as receivable that will probably be written ...
- What Is a Bad Debt Provision?
Sometimes known as a loan-loss reserve, a bad debt provision is an account that is equal to the portion of current accounts receivable that may ultimately ...
- Bad Debt Provision - Financial Dictionary - The Free Dictionary
Extra funds from sales, or another source, set aside in order to pay off bad debt if and when it arises. The allowance helps a company ward off any potential cash ...
- What is bad debt provision? - InvestorWords.com
Definition of bad debt provision: An account, also known as an Allowance for Bad Debt, that is maintained by banks in order to account for the percentage of ...
- bad debt provision noun - definition in Business English Dictionary ...
bad debt provision noun - definition, audio pronunciation and more for bad debt provision noun: an amount that a company shows on its accounts to represent ...
- SNF bad debt provision could be included in 'doc fix' agreement ...
Feb 15, 2012 ... Lawmakers are close to reaching a deal to prevent a 27% cut in Medicare payments to physicians for the remainder of 2012.
- Account Receivable Reserve Vs. Bad Debt Provision | eHow.com
Account Receivable Reserve Vs. Bad Debt Provision. "Account receivable reserve" and "bad debt provision" mean the same thing. This is an expense a ...
- Avalere Health - Medicare Bad Debt
Top Ten States: Impact, on Medicare Payments to SNFs, of the Bad Debt Provision in the Middle Class Tax Relief and Job Creation Act (amounts in millions).