Pre-Provision Net Revenue

Definition:

Net revenue before adjusting for loss provisions. E.g. for a bank, net revenue would be the sum of net interest income and non-interest income less expenses (except loss provisions.).

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Tax Equity and Fiscal Responsibility Act of 1983

The law requiring federal income tax withholding on payments of dividend and interest to accounts without a certified tax identification number on file. See: W-9.

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