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Non-performing loan
Also: impaired loan. A loan on which the borrower is late in repaying the agreed interest and/or capital or where the borrower is declared insolvent.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Banking
- Category: Investment banking
- Company: UBS
- Product:
- Acronym-Abbreviation:
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