nonaccrual

0.01 sec.

nonaccrual

The actions of a lender making a change in how a loan is accounted on its books. Normally, the lender will treat itself as receiving income as interest comes due—accrues—on the loan.Under normal circumstances,the lender can expect to actually receive the cash in a very short period of time afterward.When a borrower defaults and does not pay its interest, and the default continues for several months,the lender will reach the point where it begins to doubt if it will ever receive the cash for the interest that is accruing.At that point,it does not make business sense and, in fact,might be against federal regulations,to keep acting as if the lender were receiving income.As a result,the lender places the loan on nonaccrual,and stops posting income from the loan.This is a bookkeeping and accounting action only. It does not mean the lender will not attempt to collect every nickel of money due to it.

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accrued interest na Nonaccrual Loan nonperforming loan performing loan			defines nonaccrual assets as "total assets which are no longer accruing interest. Past due loans Jab NWA bank portfolios by Sparkman, Worth / Arkansas Business 8 (1996), the Tax Court made some significant rulings on the use by service providers of the nonaccrual experience method to defer income estimated to be uncollectible. Income from incidental supplies does not bar a service provider from ... by Mak, Pauline / The Tax Adviser 3 million) of interest income not recorded on nonaccrual loans. Intervest Bancshares Corporation Reports 2009 Third Quarter Earnings ... by Business Wire			Non-Contestability Clause Non-Deliverable Forward Non-Deliverable Swap Non-Directed Order Non-Discretionary Proposal Non-Equity Option Non-Farm Payroll Non-Fluctuating Non-GAAP Non-Interest-Bearing Current Liability Non-Marketable Debt Non-Monetary Job Characteristics Non-Negotiable Non-Objecting Beneficial Owner Non-Obligatory Expenditure Non-Operating Cash Flow Non-Payment Non-Permanent Resident Alien Non-Positive Non-Qualified Distribution Non-Recourse Finance Non-Renounceable Right Non-Tariff Barriers Non-Transferable Nonaccredited Investor nonaccrual Nonaccrual Loan Nonacquiescence Nonactionable Subsidy Nonaligned Movement Nonassessable Capital Stock nonassumption clause Nonbank Bank Nonbank Banks Nonboard Company Nonborrowed Reserves Nonbusiness Bad Debts Nonbusiness Expense Deduction Nonbusiness Income Noncallable Noncancellable Health Insurance Noncancellable Insurance Policy noncapital expenditures Noncash Charge Noncash Item noncategorical taking Noncity Delivery Nonclearing Member Noncommercial Trader Noncompete noncompetition clause			Nona Nona Nona Gaprindashvili Nona Terentevna Gaprindashvili nona- nona- NonA-nonB hepatitis NonA-nonB hepatitis nonabelian gauge theory nonabelian quantum Hall state Nonability nonabolishable nonabsorbable surgical sutures nonabsorbable suture nonabsorbable suture nonabsorbable suture nonabsorbency nonabsorbent nonabsorptive nonabstract Nonabyte nonacademic Nonaccelerating Inflation Rate of Unemployment Nonaccelerating Securities nonacceptance nonacceptance nonaccidental injury nonaccomplishment Nonaccredited investor Nonaccredited Investors nonaccrual Nonaccrual Loan Nonaccrual Loans Nonacentennial nonachievement nonachiever Nonacid Nonacog alfa Nonacog alfa Nonacog alfa Nonacontane Nonacontane Nonacontane Nonacosane nonacoustic coupler Nonacoustic Detection & Steering Nonacoustic Submarine Effects NONACQ Nonacquaintance Nonacquiescence Nonacquiescence Nonacquiescence Nonacquiescence Nonacquiescence Nonacquisition Program Definition Document Nonactinide Isotopes and Sealed Sources Management Group Nonactionable Subsidies Nonactionable Subsidy nonactual nonadapting receptor nonadapting receptor

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