nonperforming

[ non-per-fawr-ming ]

adjective

1. not performing well or properly.
2. Banking. noting or pertaining to a debt on which interest payments have been missed or slow, or for which the interest rate has been voluntarily lowered:

   the rise in nonperforming loans.

Word History and Origins

Origin of nonperforming¹

non- + perfoming ( def )

Example Sentences

Many large banks are also writing down large numbers of nonperforming loans.

From The Daily Beast