TERMIUM Plus®

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

Loan Realization Account [1 record]

Record 1 1996-02-28

English

Subject field(s)
  • Loans
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)
  • Prêts et emprunts
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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