non-accrual loan

Definition

Non-performing loan on which interest is overdue and full collection of principal is uncertain. According to typical banking regulations, if interest has not been paid for 90 days the loan is put on a cash basis. Thus, its interest cannot be credited to the bank's revenue account until it has actually been received. Loans which have adequate collateral (such as home mortgages), and some types of consumer loans, are generally exempt from this requirement. Also called doubtful loan, sour loan, troubled loan.

单词	non-accrual loan
释义	non-accrual loan Definition Non-performing loan on which interest is overdue and full collection of principal is uncertain. According to typical banking regulations, if interest has not been paid for 90 days the loan is put on a cash basis. Thus, its interest cannot be credited to the bank's revenue account until it has actually been received. Loans which have adequate collateral (such as home mortgages), and some types of consumer loans, are generally exempt from this requirement. Also called doubtful loan, sour loan, troubled loan.
随便看	DMAIC analyze phase DMAIC control phase DMAIC define phase DMAIC improve phase DMAIC measure phase DMAIC methodology DMAIC project DMEDI DN (diamétre nominal or nominal size) Dobson unit (DU) docket docket call dock examination dock receipt dock warrant doctor-patient privilege doctrine doctrine of approximation doctrine of collective responsibility doctrine of comparative negligence doctrine of constructive receipt doctrine of contra non valentem doctrine of cy près doctrine of equivalents doctrine of exhaustion