引当金

English translation: Provision or allowance

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Japanese term or phrase:引当金
English translation:Provision or allowance
Entered by: Harpreet Singh kapula

07:43 Jan 3, 2021
Japanese to English translations [PRO]
Bus/Financial - Finance (general)
Japanese term or phrase: 引当金
I have seen that 引当金 has been translated for "Allowance" and "Provision". Does it hold true for both or is there any context on how to use it?
Harpreet Singh kapula
India
Local time: 20:13
Provision or allowance
Explanation:
In the taxonomy of the Financial Services Agency 引当金 is translated both as provision and as allowance, depending on the context.
A provision is associated with a future liability while an allowance is a contra asset.
Selected response from:

Andreas Baranowski
Japan
Local time: 23:43
Grading comment
Thank you for the explanation.
4 KudoZ points were awarded for this answer



Summary of answers provided
5Provision or allowance
Andreas Baranowski


  

Answers


17 mins   confidence: Answerer confidence 5/5
Provision or allowance


Explanation:
In the taxonomy of the Financial Services Agency 引当金 is translated both as provision and as allowance, depending on the context.
A provision is associated with a future liability while an allowance is a contra asset.

Andreas Baranowski
Japan
Local time: 23:43
Specializes in field
Native speaker of: Native in GermanGerman
PRO pts in category: 38
Grading comment
Thank you for the explanation.
Login to enter a peer comment (or grade)



Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.

KudoZ™ translation help

The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.


See also:
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search