TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

PROBLEM LOAN ACCOUNT [1 record]

Record 1 1996-02-28

English

Subject field(s)
  • Banking
CONT

A Loan Realization Account (LRA) is defined as a problem loan account where, in satisfaction of all or a portion of the funds advanced to a borrower, the bank has taken title, directly or indirectly, to any of the following types of assets: - real property; - quoted shares; - unquoted shares (including 100 per cent ownership); - an interest in a joint venture; - other non-personal property. [Office of the Superintendent of Financial Institutions].

French

Domaine(s)
  • Banque
CONT

Un compte de réalisation des prêts peut être défini comme un compte de prêts problèmes lorsque, en règlement de la totalité ou d'une partie des fonds avancés à un emprunteur, la banque a acquis, directement ou indirectement, le droit de propriété de l'un des éléments d'actif suivants: - des biens immeubles; - des actions cotées; - des actions non cotées (y compris des actions détenues à 100 p. 100); - une participation dans une entreprise en coparticipation; - d'autres biens non personnels. [Bureau du surintendant des institutions financières].

Spanish

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