CREDIT LOSSES PROVISION Definition

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CREDIT LOSSES PROVISION see PROVISION FOR CREDIT LOSSES.

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STRATEGIC GOAL is the milestone the organization aims to achieve that evolves from the strategic issues. They transform strategic issues into specific performance targets that impact the entire organization. They can be qualitative or quantitative. Dependent upon usage, GOALS are general in nature, while OBJECTIVES are specific, measurable and time-based. In some organizations, the meanings for GOAL and OBJECTIVE are reversed. See GOAL.

STRONG, from a corporate perspective, usually means having or wielding force or authority within that entitys market segment or niche.

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