Business & Finance

ALLL Full Form - What is Full Form of ALLL?

Full Form: Allowance for Loan and Lease Losses
Category: Business & Finance
Sub Category: Accounting

What is Meaning of ALLL?

ALLL is full form Allowance for Loan and Lease Losses

What is Allowance for Loan and Lease Losses?

The allowance of loan and lease losses (ALLL) is a reserve to estimate the uncollectible amount of a loan or a lease to reduce the loan or leases value to the amount the bank expects to eventually receive.