English version

loan-loss reserves

From Longman Business Dictionaryloan-loss reservesˌloan-ˈloss reˌservesBANKING money kept by a bank and used to cover loans it has made that will probably not be paid backThe bank hopes to boost loan-loss reserves to around 55% of its unsecured loans. reserves
Pictures of the day
Do you know what each of these is called?
Click on the pictures to check.