Loan classification definition

Loan classification means a type of loan classification depending on the credit quality of the particular loan/TWU and whose principal and accrued interest is questionable.
View Source

Examples of Loan classification in a sentence

  • Loan classification and provisioning rules pro- tect financial institutions from potential loan default risks.38 Standards for loan classification and the corresponding provisioning rates are similar across countries.

  • Investment instruments that the Compartment holds on each Calculation Date shall be valued at their book value, as determined by the Management Company, on the basis of the Loan classification rules and accounting rules communicated to the Management Company by Younited.

  • Letter issued by FmHA or its successor agency under Loan classification system.

Related to Loan classification

  • Job Classification means an arrangement of tasks in an establishment or industry into a limited series of jobs or occupations, rated in terms of skill, responsibility, experience, training, and similar considerations, usually for wage setting purposes. This term, or job class, refers to a single cluster of jobs of approximately equal “worth.”

  • film classification body means the person or persons designated as the authority under section 4 of the Video Recordings Act 1984 (c.39) (authority to determine suitability of video works for classification).

  • Classification means the identification of a position by reference to a class title and pay range number.

  • Classification Seniority is defined as the length of service in a specific job classification within the bargaining unit, beginning with the date an employee starts to serve a probationary appointment. Classification Seniority shall be interrupted only by separation because of resignation, discharge for just cause, failure to return upon expiration of a leave of absence, failure to respond to a recall from layoff, or retirement.

  • International Classification means the classification according to the Locarno Agreement of October 8, 1968, establishing an International Classification for Industrial Designs;