credit provisions

USAGE SUMMARY

The phrase "credit provisions" is correct and usable in written English.
It can be used in financial or legal contexts to refer to the terms and conditions related to credit agreements or lending. Example: "The bank's credit provisions outline the requirements for loan eligibility and repayment terms."

✓ Grammatically correct

News & Media

Formal & Business

Science

Human-verified examples from authoritative sources

Exact Expressions

11 human-written examples

In December, the bank said that, prompted by BaFin, it was making another €500m of equity write-offs and credit provisions.

The Economist

Mr. Romney aside, the complexity and frequent abuse of the foreign tax credit provisions seem to make another compelling case for tax reform.

The New York Times

Yet credit provisions continued to rise at its retail banking unit, making its performance the only one to disappoint some analysts.

The New York Times

Republican aides said that the credit provisions of the bill were written so broadly that many business-to-business transactions that are made on credit could be regulated by an agency structured to focus on consumers.

The New York Times

The improvement in credit provisions was led by lower losses from credit markets at Barclays Capital, even as the bank had to set aside more money to cover losses on loans to companies in Spain.

The New York Times

The profits were helped by a 41% fall in the impairment charges and other credit provisions to £1.8bn but knocked by a previously announced £1bn provision for compensating customers mis-sold payment protection insurance.

The Guardian - Business

Human-verified similar examples from authoritative sources

Similar Expressions

47 human-written examples

The credit provision compares with $246.7 million in the period a year earlier.

The New York Times

Private equity thrives on such mispricing.Another way to cash in is through credit provision.

The Economist

Companies seem to have seized on the educational credit provision as a way of minimizing their legal liability.

The New York Times

With little leverage, they got not only the unemployment insurance, but also an Earned Income Tax Credit provision, a college scholarship provision and other Democratic goodies.

The New York Times

"Without such a repair, a revival of credit provision by the European banking sector, which is essential for regaining growth, will simply not happen".

The New York Times

Expert writing Tips

Best practice

When discussing financial performance, specify whether "credit provisions" are increasing or decreasing to provide a clearer picture of the financial institution's risk assessment.

Common error

Avoid using "credit provisions" as a catch-all term. Be specific about the type of provisions, such as loan loss reserves or regulatory capital requirements, to enhance clarity and precision.

Linguistic Context

The phrase "credit provisions" functions as a noun phrase, typically used as a subject or object in a sentence. It refers to amounts financial institutions set aside to cover potential losses from loans, as shown in Ludwig's examples.

Expression frequency: Common

Frequent in

News & Media

44%

Formal & Business

28%

Science

28%

Less common in

Encyclopedias

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

The phrase "credit provisions" is a noun phrase referring to the reserves set aside by financial institutions to cover potential credit-related losses. Ludwig AI confirms its grammatical correctness and frequent use in news, business, and scientific contexts. It is crucial to understand that while seemingly straightforward, the term carries weight in assessing a financial institution's risk management practices. Be precise when using the phrase by specifying the type of provisions being discussed. Exploring alternatives like "loan loss reserves" or "credit risk management" can add depth to your writing.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

loan loss reserves

Focuses specifically on the reserves set aside for potential loan losses, a subset of broader credit considerations.

credit risk management

Emphasizes the active management and mitigation of risks associated with extending credit.

lending criteria

Highlights the specific standards and requirements used to evaluate creditworthiness and approve loans.

reserve requirements

Refers to the mandatory reserves banks must hold, impacting their ability to extend credit.

financial safeguards

Broader term encompassing measures to protect against financial instability, including credit-related risks.

capital adequacy

Addresses the sufficient capital a financial institution holds to absorb potential losses from credit exposures.

prudential regulations

Focuses on regulatory requirements aimed at ensuring the safety and soundness of financial institutions, including those related to credit.

loan terms

Highlights the specific conditions of a loan agreement, such as interest rates and repayment schedules.

credit facility

Refers to a line of credit or loan agreement made available to a borrower.

regulatory framework for credit

Addresses the overarching set of rules and guidelines governing credit activities.

FAQs

How are "credit provisions" used in financial reporting?

In financial reporting, "credit provisions" typically refer to the amounts set aside by financial institutions to cover potential losses from loans and other credit exposures. They are a key indicator of a bank's assessment of credit risk and its ability to absorb potential losses.

What's the difference between "credit provisions" and "loan loss reserves"?

"Credit provisions" is a broader term that encompasses all types of reserves set aside to cover potential credit-related losses. "Loan loss reserves" specifically refer to reserves allocated for expected losses on loans.

Why do banks need to maintain "credit provisions"?

Banks maintain "credit provisions" to ensure they have sufficient capital to absorb potential losses from loans that may not be repaid. This helps maintain the stability of the financial system and protects depositors.

How do economic conditions affect "credit provisions"?

Economic downturns typically lead to higher "credit provisions" as borrowers are more likely to default on their loans. Conversely, during periods of economic growth, "credit provisions" may decrease as the risk of default declines.