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  • Nonperforming Asset

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    Maheshwar Thota
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    A nonperforming asset is a loan or other asset that is not generating income because the borrower has stopped making payments, usually for over 90 days. Companies are reluctant to write off these assets from their financial statements despite their questionable value. Nonperforming assets refer to loans that are at risk of defaulting, and are considered such once payments are missed for over 90 days.

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    A nonperforming asset is a loan or other asset that is not generating income because the borrower has stopped making payments, usually for over 90 days. Companies are reluctant to write off these assets from their financial statements despite their questionable value. Nonperforming assets refer to loans that are at risk of defaulting, and are considered such once payments are missed for over 90 days.

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    Nonperforming Asset

    Uploaded by

    Maheshwar Thota
    A nonperforming asset is a loan or other asset that is not generating income because the borrower has stopped making payments, usually for over 90 days. Companies are reluctant to write off these assets from their financial statements despite their questionable value. Nonperforming assets refer to loans that are at risk of defaulting, and are considered such once payments are missed for over 90 days.

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    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. By David L. Scott

    A classification used by financial institutions that refer to loans that are in jeopardy of default. Once the borrower has failed to make interest or principal payments for 90 days, the loan is considered to be a non-performing asset. John Rockefeller

    This is a loan or property (an Asset) that is not making any payments. It is in arrears. Peter Drucker. 11. Nitsure, R.R (2007), Corrective Steps towards Sound Banking, Economic & Political Weekly, Vol.XLII, No.13, March.

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