A non-performing loan is a loan that is in default or close to being in default. Many loans become non-performing after being in default for 3 months, but this can depend on the contract terms. "A loan is nonperforming when payments of interest and principal are past due by 90 days or more, or at least 90 days of interest payments have been capitalized, refinanced or delayed by agreement, or payments are less than 90 days overdue, but there are other good reasons to doubt that payments will be made in full" (IMF)
A purchase money loan is a loan usually used to buy a home. A non purchase money loan is a loan for other reasons where the lender does not know what is being bought.
Non-Earning Assets for banks are usually the loans for which the loan customers arent paying their monthly EMI's. Banks earn an income through the interest they get paid by the loan customers. So, if a loan customer defaults on his/her payment, the loan becomes a Non Earning or a Non Performing Asset. The term Non Performing Asset (NPA) is more commonly used than Non Earning.
An unsecured loan is a loan that is not backed by collateral. Also known as a signature loan or personal loan. Unsecured loans are based solely upon the borrower's credit rating.
It is a loan repayable. Hence it is a liability. As the liability is for more than one year, it is non current liability.
A non-performing account is a credit account whose payments have not kept up with the term of the loan. Traditional non-performance only measures those accounts that have balances outstanding after the end of the term, however, financial institutions are trying to intervene before the situation occurs. Why the account is non-performing comes down to the circumstances of the borrower - either they can't or won't pay what is outstanding.
When You are in academy your activity evaluate as academic performance & when you are not in academy your activity in non academic performance.
A purchase money loan is a loan usually used to buy a home. A non purchase money loan is a loan for other reasons where the lender does not know what is being bought.
A non performing loan is that loan whose maturity date has been past but a part of loan is still outstanding.
There isn't a purpose for a non comforting loan, because a non comforting loan does not exist. A non conforming loan means a residential mortgage that isn't set by the guidelines of the Federal National Mortgage Association.
Non-Earning Assets for banks are usually the loans for which the loan customers arent paying their monthly EMI's. Banks earn an income through the interest they get paid by the loan customers. So, if a loan customer defaults on his/her payment, the loan becomes a Non Earning or a Non Performing Asset. The term Non Performing Asset (NPA) is more commonly used than Non Earning.
Equity shares, debenture, secured loan, non secured loan, borrowings, reserves , retained earnings
It means Non Performing Loan
You can sue anyone for an unpaid loan, as long as you can prove the loan and the non-payment. Does not matter if they are a relative
An unsecured loan is a loan that is not backed by collateral. Also known as a signature loan or personal loan. Unsecured loans are based solely upon the borrower's credit rating.
Non-Operating Expense
Non-payment of loan.
It is a loan repayable. Hence it is a liability. As the liability is for more than one year, it is non current liability.