Its credit loss reserve is more than enough to cover its portfolio credits.
What does CLR stand for?
CLR stands for Credit Loss Reserve
This definition appears somewhat frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of CLR
Other Resources:
We have 146 other meanings of CLR in our Acronym Attic
- Abbreviation Database Surfer
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- Consortium for Lexical Research (New Mexico)
- Contact Lens Relief (Clear Eyes)
- Container Loading
- Context Likelihood of Relatedness (algorithm)
- Contingent Liability Record
- Contingent Liability Report
- Cormen, Leiserson, Rivest (authors of the book "Introduction to Algorithms")
- Correlated Low-Rank
- Council on Library Resources
- Covert Laser Read
- Current-Limiting Resistor
- Customer Liaison Representative
- Clearing Station
- Combat Logistics Regiment 2 (US Marine Corps)
- Children's Law Reform Act (Canada)
- Civil Liberties Restoration Act of 2004
- Clear Lake Racing Association (Friendswood, Texas)
- Communal Land Rights Act of 2004 (South Africa)
- Consumers Legal Remedies Act (California)
- Copyright Levies Reform Alliance
Samples in periodicals archive:
Executives at Heilig-Meyers said the fourth quarter was a transitional period as the retailer implemented a profit improvement strategy, took aggressive steps to strengthen credit loss reserves, and eliminated underperforming assets and reduced expenses.
By 1987, the entire credit loss reserve was exhausted and there was a $47 million shortfall from originally anticipated revenue.