Level Yield definition
Level Yield means the process used by PRA or the Canadian Borrower, as applicable, to implement the guidance of ASC 310-30 and, upon adoption of ASU 2016-13, the guidance of ASC 31- and ASC 326-20, in accounting for finance receivables, including the interest method of revenue recognition.
Level Yield means the term used by the Borrower which refers to the accounting guidance of ASC 31-30 and the process of implementing the guidance of ASC 31-30.
Level Yield means the term used by PRA which refers to the accounting guidance of ASC 310-30 and the process of implementing the guidance of ASC 310-30.