Nonperforming Loan (NPL)
Loans that are in default or close to being in default.

Investopedia Says:
Many loans become non-performing after being in default for three months, but this can depend on the contract terms.

Related Terms:
Default
Incipient Default
Loan
Non Performing Asset

• Conglomerate Merger
• Connie Lee (College Construction Loan Insurance Association (CCLIA)
• Connie Lee (College Construction Loan Insurance Association (CCLIA)
• Consensus Estimate
• Consent Solicitation
• Conservative Growth
• Conservative Investing
• Conservatorship
• Consignment
• Consolidate
• Consolidated Financial Statements
• Consolidated Omnibus Budget Reconciliation Act (COBRA)
• Consolidated Omnibus Budget Reconciliation Act (COBRA)
• Consolidated Tape
• Consolidation
• Consolidation Phase
• Consortium
• Constant Currencies
• Constant Dollar
• Constant Maturity
• Constant Maturity Swap (CMS)
• Constant Proportion Portfolio Insurance (CPPI)
• Constant Proportion Portfolio Insurance (CPPI)
• Construction Loan Note (CLN)
• Construction Spending