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Meaning of non-performing loan | Babel Free

Noun CEFR B2

Definitions

A bank loan that is subject to a late repayment or is unlikely to be repaid by the borrower in full.

Examples

“Russia's second-largest bank, VTB, reported that the share of non-performing loans (NPLs) in its portfolio that have not been serviced for over 90 days reached 5% in May.”

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

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