A loan that is criticized by bank examiners as being substandard after being approved.
Related information about classified loan:
- Classified Loan Definition | Investopedia
Any bank loan that is in danger of default. Classified loans have unpaid interest and principal outstanding, and it is unclear whether the bank will be able to ...
- What is classified loan? definition and meaning - InvestorWords.com
Definition of classified loan: A loan that is criticized by bank examiners as being substandard after being approved.
- What is classified loan? - BusinessDictionary.com
Definition of classified loan: Past-due loan that is questionable in terms of the full recovery of principal balance and accrued interest. Banks designate such loans ...
- What is a Classified Loan?
Oct 23, 2012 ... Classified loans are bank loans that have been issued according to the terms and regulations of the bank, but later become somewhat suspect ...
- classified loan Definition | Business Dictionaries from AllBusiness.com
loans and other assets that are at risk to some degree, in the opinion of bank examiners. Such assets fail to meet acceptable credit standards, and totals of ...
- Definition of a Classified Loan - Financial Web
A classified loan is the term used for any loan that a bank examiner has deemed to be in danger of defaulting. The borrower do not necessarily need to miss ...
- Bank Examination Classifications and Loan Risk - Federal Reserve ...
classified loan has shown no improvement, it would usually be criticized again in the next examination. Moreover, if such a loan has shown any deterioration, it ...
- Classified Loan Law & Legal Definition
Loans that are not paid on time and are nominated as troubled assets by banks are classified loans. Classified loans are usually issued according to terms and ...