|Definition||:||Advance Under Collection Account|
|Category||:||Business » Banking|
What does AUCA mean?
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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||AUCA||American University of Central Asia|
||AUCA||Adventist University of Central Africa|
||AUCA||Alberta Utilities Commission Act|
||AUCA||Alabama Utility Contractors Association|