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Nonperforming Asset

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Nonperforming asset
An asset that is not effectively producing income, such as an overdue loan.

Non Performing Loan
A loan in or near default. According to the International Monetary Fund, a non-performing loan is any loan in which: interest and principal payments are more than 90 days overdue; or more than 90 days' worth of interest has been refinanced, capitalized, or delayed by agreement; or payments are less than 90 days overdue but are no longer anticipated. Another definition of a non-performing loan is one in which the maturity date has passed but at least part of the loan is still outstanding. The specific definition is dependent upon the loan's particular terms.

nonperforming asset
An asset that produces no income. For example, a loan on which the borrower is not making payments is often described as a nonperforming asset. Firms often continue to include these assets, which are of questionable value, on their financial statements because they do not wish to show the losses entailed in writing them off. Also called nonperforming loan. Compare underperforming asset.


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Nonperforming assets as a percent of total assets increased to 2.
According to group member Nobuo Akai, a professor at the University of Hyogo, it is the first time that a group has estimated and compiled nonperforming asset data at nationwide public land developers.
The report also said Zhou warned China's four state-owned commercial banks, which provide 70% of China's commercial banking services, would have to open up their books to outside auditors, a potentially painful process as the banks own billions of dollars in nonperforming assets.
 
 
 
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