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nonperforming
[non-per-fawr-ming]
adjective
not performing well or properly.
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
Example Sentences
Nonperforming loans are 2% sector-wide, but loans over 30 days overdue have risen to 9.5% since the pandemic.
While nonperforming loans, those more than 90 days overdue, remain tame at 2% sector-wide, loans more than 30 days in arrears have risen steadily since the pandemic to 9.5%, he says.
Across last year’s 100 top songs, only 14 featured a female artist with a nonperforming female songwriter.
A full 25 songs had a female artist and no nonperforming female songwriter attached, countering our assumption about women advocating for other women.
A unit of the bank is offering nonperforming loans on two large offices, one in the Financial District and one in Midtown’s prestigious Plaza District, according to people familiar with the matter.
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