Liability items in the balance sheet charged to the profit and loss account to cover future liabilities or anticipated losses. Frequently listed under other liabilities in the balance sheet. Provisions for risks in the lending business and in foreign exchange trading are of particular significance for banks. Specific provisions are set aside to cover particular risks, while contingency (del credere) reserves or provisions cover general expected losses which cannot yet be specified in detail. Contrary to reserves, provisions are not allocated from the net profit but from operating profit.