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.
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.