"Nonperforming" Pronounce,Meaning And Examples
"Nonperforming" Natural Recordings by Native Speakers
"Nonperforming" Meaning
Nonperforming refers to a financial asset, such as a loan, that is not producing or has not produced the expected income or return. In other words, it is an asset that has not performed as expected, often due to default, non-payment, or other issues.
"Nonperforming" Examples
Nonperforming
A nonperforming asset, also known as a non-performing loan (NPL), is a type of asset that is not being serviced as agreed upon, often due to the borrower's financial difficulty.
Here are five usage examples:
The bank wrote off the nonperforming loan as a loss after the debtor failed to make a payment for six months.
The company's financial reports showed that nonperforming assets had increased significantly in the previous quarter, leading to concerns about the company's stability.
The government agency established a program to help small businesses with nonperforming loans by providing debt restructuring assistance.
The lender will not make any new loans to a customer who has a history of nonperforming debt.
The auditors found that the company had failed to properly account for nonperforming assets on its balance sheet, leading to a restatement of its financial statements.
"Nonperforming" Similar Words
Nonoxynol
Nonoxynol is a type of non-ionic surfactant, which is a chemical agent that reduces the surface tension of liquids, making it easier to mix with other substances. It is commonly used in personal care products, such as shampoos, soaps, and creams, as well as in industrial applications, such as textile manufacturing and paper production.
Nonpareil
The word "nonpareil" is an adjective that means unique, unrivaled, or unmatched. It is often used to describe something or someone that stands out as the best or most exceptional in their field, industry, or category.
Nonpareils
Nonpareils are tiny, round sprinkles made of sugar, often used to decorate cakes, cookies, and other baked goods. The term can also refer to something that has no equal or is unrivaled. In other words, something that is nonpareil is exceptional or unparalleled.
Nonpartisan
Nonpartisan refers to a person, organization, or activity that is impartial and does not take sides in a political controversy, election, or party affiliation.
Nonpartisanship
Nonpartisanship refers to the principle or practice of being impartial or neutral in politics, avoiding taking sides or supporting a particular party or ideology. It is often used to describe organizations, institutions, or individuals that aim to remain objective and unbiased in their actions, statements, or decisions, in order to maintain public trust and credibility. Nonpartisanship can involve avoiding political endorsements, refraining from political protests or activism, and prioritizing fairness and balance in decision-making processes.
Nonplus
To nonplus someone means to confuse or puzzle them, often leaving them speechless or unable to respond. It can also refer to a situation where someone is caught off guard or unsure of what to do.
Nonplussed
The word "nonplussed" is an adjective that means completely unimpressed or unmoved, often in a way that is surprising or unexpected. It can also describe a feeling of being puzzled or baffled, but in a calm and unemotional way.
Nonplussing
Nonplussing refers to the act of leaving someone feeling surprised, confused, or stumped, often in a pleasing or amusing way. It can also mean to confuse or perplex someone, leaving them speechless or unable to respond. The word can be used to describe a situation or a comment that is so astonishing, bewildering, or unexpected that it leaves one nonplussed.
Nonprofit
Nonrefundable
Not capable of being refunded; unable to be returned or reimbursed, typically because of a rule, policy, or agreement.
Nonrenewable
Nonrenewable refers to resources, fuels, or energy sources that cannot be replenished or renewed naturally within a human lifetime or in the short term, and may eventually become depleted. Examples include fossil fuels such as coal, oil, and natural gas, as well as minerals like iron and copper. Nonrenewable resources are finite and have limited availability, which can create concerns about sustainability and environmental impact.
Nonrepudiation
Nonrepudiation refers to the inability of a sender to deny having sent a message, and the inability of a recipient to deny having received a message. In other words, it is a property that ensures that a sender cannot falsely claim that they did not intend to send a message, and a recipient cannot falsely claim that they did not receive a message. This is often used in the context of digital signatures and encryption to ensure the authenticity and integrity of electronic communications.