Non-Accrual Loan
From Open Risk Manual
Revision as of 12:25, 15 May 2017 by Wiki admin (talk | contribs) (Created page with "== Definition == '''Non-Accrual Loan''' is an accounting classification applied to delinquent loans (e.g. after 90 days of non-payment). When a loan is classified with non-ac...")
Definition
Non-Accrual Loan is an accounting classification applied to delinquent loans (e.g. after 90 days of non-payment). When a loan is classified with non-accrual status, interest stops accumulating.
