nonaccrual
adjective
finance & economicsspecialized(alsonon-accrual)uk/ˌnɒn.əˈkruː.əl/us/ˌnɑːn.əˈkruː.əl/A nonaccrualloandoes notinvolveanincreasein theamountofinterest(=moneychargedforborrowing)owedovertime:
There was adeclinein nonaccrualloans.
thetransferofexistingloansto non-accrualstatus
- Weexpectthebalanceof nonaccrualloanstoincreaseas theportfoliocontinuestogrow.
- Non-accrualcommercialloanswere thelargestcomponentat $8.2 million.
- Managementgenerallyclassifiesloansas nonaccrual if thetimelycollectionofprincipalandinterestis notexpected.
Borrowing & lending
- amortizable
- amortization
- arrears
- bad debt
- bonded
- borrow
- borrowing
- credit rating
- hock
- holiday
- IOU
- overdraft
- overpayment
- pay downsomething
- pay off
- paysomeone/somethingback
- payday loan
- reschedule
- secure
- straight