PET - Plain English Taxonomy

Attribute: BSAO11307
Label: Loans and Advances - Term Loans
Concept Guidance:
This is the value of term loans receivable by the reporting party as at the relevant date. This item is to be determined in accordance with accounting standards.Term loans are non securitised debt financing with a specified maturity date by which the loan must be repaid. 
Dimension Member Description
This dimension categorises the reported data according to the accounting valuation scenario, in relation to impairment, under which the reported value was calculated.
The information reported is in relation to the value that has been calculated before allowing for any adjustment to the value of the asset or liability in accordance with treatment permitted under accounting standards or prudential standards.
This dimension categorises the reported data according to the type of counterparty the entity has transacted with.
The counterparty in relation to the information is a Commercial entity, being any of the following: - private and public trading enterprises, being organisations owned and controlled by either the private or public sector which produce goods or non financial services for sale at market prices. This excludes all unincorporated businesses, except for branches of non-resident companies, property and trading trusts, and joint ventures or partnerships owned by corporations; - private unincorporated business, being individuals acting as sole proprietors or in partnerships, for commercial or professional purposes; - community service organisations (CSOs), being charities and aid organisations financed by voluntary transfers and institutions financed mostly by members contributions. This does not include CSOs and non profit institutes controlled and mainly financed by government; - financial institutions; and - Government.
Information in relation to the interest rate type applicable to an interest-bearing agreement.
Information in relation to fixed interest rates. These are interest rates that: (a) do not fluctuate over the term, or life, of the agreement; or (b) some part of the original term, or life, of the agreement. Where an interest rate is only fixed for some part of the original term, at the end of the fixed interest rate period the contract may provide for transition to a variable interest rate or for a new interest rate to be negotiated.