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Glossary entry

German term or phrase:

EWB

English translation:

individual valuation adjustment

Added to glossary by Alexander Schleber (X)
Jan 9, 2002 08:33
22 yrs ago
4 viewers *
German term

EWB

German to English Bus/Financial
is there a commonly used abbreviation for "EWB" ??

Ralf Lemster has translated the above as "specific loan loss provision" in a previous KudoZ answer. The German equivalent of EWB is "Einzelwertberichtigung" and Zahn gives as translation "individual valuation adjustment"

I suppose the translation may depend on the context. What might be the English abbreviation?

Proposed translations

+2
43 mins
Selected

there isn't an English abbreviation

... and it all depends on context. If you're talking about loans, then an EWB is a specific loan loss adjustment, but it can also be an individual value adjustment, or even an individual write-down (in accounting). None of these are ever abbreviated in English (at least not as far as I know).

Peer comment(s):

agree Kathi Stock : I totally agree
10 mins
agree Thomas Bollmann
6 hrs
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thanks to both of you, as I suspected. Your additoonal input, Alison, for differing translations, depending on context, was most interesting. Alexander "
40 mins

value adjustment

Declined
Alexander, if the word is 'waardecorrectie' in Dutch, then I would not suggest using an abbreviation, as there is none provided in my Van den End's Banking and Insurance Lexicon. I could not find any combinations of 'individual value adjustment'or 'single value adjustment' in 'Google, although that doesn't mean much!

Do you mena 'single' as in 'eenmalig'? non-recurring?

Good luck,
Marijke
Something went wrong...
Comment: "Thanks Marijke. Alison's answer gives more relevant detail."
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