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All glossary entries

wholesale funds transfer system

See large-value funds transfer system (wholesale funds transfer system)

write-down

A downward adjustment to the value of loans recorded in the balance sheets of MFIs when it is recognised that the loans have become partly unrecoverable. See also monetary financial institution (MFI), write-off

write-off

The removal of the value of loans from the balance sheets of MFIs when the loans are considered to be totally unrecoverable. See also monetary financial institution (MFI), write-down