VALUATION ALLOWANCE/RESERVE Definition

Bookmark and Share

VALUATION ALLOWANCE/RESERVE is an allowance to provide for changes in the value of a companys assets, such as depreciation or if an asset is deemed impaired.

Learn new Accounting Terms

OTHER NON-CURRENT ASSETS are prepaid items and any other non-current assets.

CASH RESERVE RATIO (CRR) is a ratio which banks have to maintain with itself in the form of cash reserves or by way of current account with the Reserve Bank, computed as a certain percentage of its demand and time liabilities. The objective is to ensure the safety and liquidity of the deposits with the banks.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.