non-performing assets JUST WRITTEN FOR YOU
/nɒn pərˈfɔːmɪŋ ˈæsɛts/ · non-per-form-ing-as-sets
noun
- Assets that are not generating income or are not being used effectively, such as loans that are not being repaid or investments that are not performing as expected. The bank's non-performing assets were a major concern for investors.
noun
- Assets that are not meeting their expected return or are not being utilized to their full potential. The company's non-performing assets were a result of poor management decisions.
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Did you know? The concept of non-performing assets has been a major concern for financial institutions since the 2008 global financial crisis, leading to increased scrutiny and regulation of asset management practices.