ERM Glossary: Impairment allowance

[this page | pdf | references | back links]

A (loan) impairment allowance is a provision held on a balance sheet as a result of the raising of a charge against profit for impairment losses arising in a lending book. An impairment allowance may either be individual (i.e. relating to an individual loan) or collective (i.e. relating to a collection of loans).


Contents | Prev | Next

Desktop view | Switch to Mobile