English translation: Partly and fully secured locations
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14:34 Mar 7, 2002
German to English translations [PRO] Bus/Financial / Bank workout mgmt
German term or phrase:teil- und vollbevorsorgte Adressen
Context: credit risk and workout management by banks; not in Zahn, didn't turn up in Google searches.
The idea is advance/precautionary/specific loan-loss provision by the bank for distressed or soon-to-be non-performing loans.
Thanks for any verified sightings!
Two more Q follow.
f you enter provisioned risk into yahoo.com, there appear thousands of entries that seem to be within this context; there is even one that says something like "even if risks are fully provisioned" . And there are websites dealing with the process of risk provisioning.