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LOAN LOSS RESERVES: A special account set aside by banks acting as a buffer between deposits and net worth that's used in case a loan is not repaid. Without this reserve, an unpaid loan on the asset side of a bank's balance sheet would require an adjustment of deposits or net worth on the liability side. The loan loss reserve is used for this adjustment.
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NATIONAL INCOME AND PRODUCT ACCOUNTS The official government system of collecting, processing, and reporting assorted production and income measures used to track aggregate activity in the macroeconomy. This system of accounts, maintained by the Bureau of Economic Analysis in the Department of Commerce, is the source of official estimates of gross domestic product, net domestic product, national income, personal income, disposable income, gross national product, and related measures.
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Three-forths of the gold mined each year is used to manufacture jewelry.
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"If you worried about falling off the bike, you'd never get on. " -- Lance Armstrong, bicycle racer
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AR(N)
A nth-order Autoregressive Process
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