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Glossary entry

日本語 term or phrase:

引当金

英語 translation:

Provision or allowance

Added to glossary by Harpreet Singh kapula
Jan 3, 2021 07:43
3 yrs ago
12 viewers *
日本語 term

引当金

日本語 から 英語 ビジネス/金融 金融(一般)
I have seen that 引当金 has been translated for "Allowance" and "Provision". Does it hold true for both or is there any context on how to use it?
Proposed translations (英語)
5 Provision or allowance

Proposed translations

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Selected

Provision or allowance

In the taxonomy of the Financial Services Agency 引当金 is translated both as provision and as allowance, depending on the context.
A provision is associated with a future liability while an allowance is a contra asset.
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4 KudoZ points awarded for this answer. Comment: "Thank you for the explanation."
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