Home > Terms > English, UK (UE) > Adversely classified asset

Adversely classified asset

Loans and other assets that are at risk to some degree, in the opinion of bank examiners. Such assets fail to meet acceptable credit standards, and totals of classified loans are reported separately in bank Call Reports. State and national banking examiners have adopted uniform guidelines (the National Bank Examiners risk classification system) listing poorly performing loans as follows, from worst to least serious: Loss or complete write-off; Doubtful Loan, where repayment in full is questionable; Substandard where some loss is probable unless corrective actions are taken; and Special Mention indicating such potential problems as missing documentation or insufficient collateral.

This is auto-generated content. You can help to improve it.
0
  • Part of Speech: noun
  • Synonym(s):
  • Blossary:
  • Industry/Domain: Banking
  • Category: Personal banking
  • Company:
  • Product:
  • Acronym-Abbreviation:
Collect to Blossary

Member comments

You have to log in to post to discussions.

Terms in the News

Featured Terms

Harry8L
  • 0

    Terms

  • 0

    Blossaries

  • 1

    Followers

Industry/Domain: Holiday Category: National holidays

Thanksgiving

Annual holiday celebrated on the second Monday of October in Canada and on the fourth Thursday of November in the United States. Thanksgiving is ...

Contributor

Featured blossaries

Social Network

Category: Entertainment   1 12 Terms

Rock Bands of the '70s

Category: History   1 10 Terms