Meaning of non-performing loan | Babel Free
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.
This word is part of the CEFR B2 vocabulary — upper intermediate level.