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| Definition | : | Advance Under Collection Account |
| Category | : | Business » Banking |
| Country/ Region |
: | India
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| Popularity | : |
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Advance Under Collection Account (AUCA) is an account to hold the portion of a Non-Performing Asset (NPA) accounts. AUCA is an NPA reduction strategy that allows the bank to take the bad debt off their balance sheet, but will have the option of recovering the amount from its promoter. By writing-off bad and doubtful assets, bank can improve its NPA ratio.
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American University of Central Asia
Universities & Institutions
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Adventist University of Central Africa
Universities & Institutions
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Alberta Utilities Commission Act
Law & Legal
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Alabama Utility Contractors Association
Regional Organizations
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The full form of AUCA is Advance Under Collection Account
Advance Under Collection Account