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Define non-performing asset, please
Posted 06 December, 2009 by Axel Rylan England from Venezuelai'm without doubt an inexperienced user, and i ran by something that i don't make out: what is non-performing asset?Capital Captain Answers: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. Also known as' a subject that is of notable excellence for an amateur forex tradr to compass, Axel. Non-performing asset is 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. Also known asGo to
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