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PDL BioPharma, Inc. Credit Losses Provision: 0.0 ( as of Mar13)

* All numbers are in millions except for per share data PDLI 10-Y Financials »

Definition

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Financial Dictionary

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