EBA NPL.External Collection.Principal Forgiveness
From Open Risk Manual
Contents
Definition of External Collection / Principal Forgiveness
External Collection.Principal Forgiveness: Amount of the principal that was forgiven by the external collection agent as part of recovery negotiations
- EBA Field Index 9.012
- Documentation Entry 254
Description
Principal Forgiveness is the amount of the Principal that was forgiven by the external Debt Collection Agency as part of Recovery negotiations where forgiveness (Forbearance is the process where there is a Debt and no return is required.
Field Characteristics
The field type is a Number.
The field's importance for the Loan Tape is Important.
The field belongs to the EBA NPL External Collection Table.
The field applies to all of the 7 EBA NPL Asset Classes.
The field is applicable to all borrower types.
The field is Not Confidential
Disclaimer
- This text is generated automatically. Do not edit manually!
- This information is provided as is. Refer to the EBA NPL Template for pointers to definitive instructions