bad loans
Uncollectible bank advances
Bad loans are loans unlikely to be repaid—the borrower has defaulted or shows signs of doing so.
Banks track bad loans (also called nonperforming loans) as a measure of portfolio health.
A surge in bad loans can signal economic trouble or reckless lending practices: The bank's balance sheet was weighed down by bad loans from the housing boom.
- defaultPreset standard option
- delinquentFailing in duty
- foreclosureLender seizes mortgaged property
- subprimeUnder top credit tier
- underwaterBelow the surface
under water · toxic · write-off · bankruptcy · collateral · mortgage · repossession · credit · credit risk · debt · arrears · collection · nonperforming · restructuring · risk · lender · borrower · interest