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| Definition Of: |
provisions
Amounts set aside before arriving at the profit and loss figure in order to provide for any known or expected liability or risk, the cost of which cannot be accurately determined.
Copyright © 2006, European Central Bank, Frankfurt am Main, Germany. This information may be obtained free of charge through the ECB's website.
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Banking INDEX:
List of Terms: Terms beginning with "A", Page 1 |
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1 2 3 A: Page 1 of 3.
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