Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,900,262,673 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

nonperforming loan

    0.01 sec.
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 loan

Under banking regulations, a loan that is more than 90 days past due, that has been placed on nonaccrual,or that is current on its payments but being handled as a workout.



Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
 
Albin said CUSOs should not restructure a loan under their authority to purchase and service nonperforming loans in a manner that circumvents lending restrictions applicable to federal credit unions, such as restructuring a loan with maturity terms longer or interest rates higher than permitted for a federal credit union.
For the current fiscal year, the bank expects to further narrow the net loss to 700 million yen by curbing nonperforming loan disposal costs.
The partners have signed an exclusive mandate with Banca Antonveneta for the acquisition of additional nonperforming loan portfolios expected to come to market in 2007, for a gross book value of approximately 5 billion euro.
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.