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An NPA, or non-performing asset is a classification used by financial institutions that refers to loans that are in jeopardy of being in default.
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What is a non-performing asset?
My understanding of "nonperforming assets", any asset that you have accumulated that cannot be used in your business. For example: If I am the franchise owner of McDonald's, my deep fryer that I use to make the fries would be considered an asset. It is an asset that I use in my business. The building itself is also a performing asset. So those would be examples of performing assets. Non-performing example: I am the franchise owner of McDonald's and I purchase a piece of property to block another restaurant from being in a location that possibly would negatively affect my business. This purchase has a purpose, but is not performing within my business. Possibly another example would be if I purchase a Corvette (Car or boat) for my own use, but purchased it through my business, that also would be a non-performing asset.
What does the term finance lease mean?
The Term "Finance Lease" means that the customer will pick an asset such as a vehicle and the lender will purchase the asset. The customer will be able to use the asset while they pay installments or rental fees, with the option to purchase the asset.
What does it mean to diversify a portfolio?
Having a number of different asset classes in the portfolio. Asset classes include stocks, bonds, currencies, commodities and cash equivalents.
Is cash vault a financial asset or a real asset?
real asset real asset
What exactly does the term asset holdings mean in banking?
the bank has put a hold on your assets
Is a nonperforming loan still an asset to a bank?
No. Such a loan is called a "Non-Performing Asset" or NPA. They signify loans that haven't earned any interest or principal to the bank for a consecutive period of 3 months. They are considered losses and banks try to keep their NPA's as low as possible.
What does the term finance lease mean?
The Term "Finance Lease" means that the customer will pick an asset such as a vehicle and the lender will purchase the asset. The customer will be able to use the asset while they pay installments or rental fees, with the option to purchase the asset.
What does the word assit mean?
Assit is not a word.An asset is a thing of value.To assist is to help.
Differentiate between net asset aur current asset?
Working capitol is the difference between net asset and current asset.
Is money lent by a bank a current asset or non current asset?
non current asset
Is electricity deposit an asset?
Yes, a utility deposit is an asset.
Is fixed asset a current asset?
fixed deposit is an assets
How rent paid in advance is treated in accounting equation?
If you are the payer Increase in Prepaid Expenditure- Asset Decrease in Bank - Asset Equity= Asset- Liabilities 0 = +/- - 0 If you are the payee Increase in Income Recieved in Advance - Liability Increase in Bank - Asset Equity= Asset- Liabilities 0 = + - +
What is the modern rule of aacountancy?
icrease in asset is debit decrease in asset is credit
What is the address for the NAMA headquarters in Dublin?
National Asset Management AgencyTreasury BuildingGrand Canal StreetDublin 2IrelandNational Asset Management AgencyTreasury BuildingGrand Canal StreetDublin 2IrelandNational Asset Management AgencyTreasury BuildingGrand Canal StreetDublin 2IrelandNational Asset Management AgencyTreasury BuildingGrand Canal StreetDublin 2IrelandNational Asset Management AgencyTreasury BuildingGrand Canal StreetDublin 2IrelandNational Asset Management AgencyTreasury BuildingGrand Canal StreetDublin 2IrelandNational Asset Management AgencyTreasury BuildingGrand Canal StreetDublin 2IrelandNational Asset Management AgencyTreasury BuildingGrand Canal StreetDublin 2IrelandNational Asset Management AgencyTreasury BuildingGrand Canal StreetDublin 2IrelandNational Asset Management AgencyTreasury BuildingGrand Canal StreetDublin 2IrelandNational Asset Management AgencyTreasury BuildingGrand Canal StreetDublin 2Ireland
Is petty cash a asset or liability?
Petty cash is current asset and shown under cash in hand section of balance sheet in asset side.
How is bilingualim an asset advantange?
find more about how is bilingualism an asset advantange at yahoo answers :)
