slow loan

Definition

A loan that is at risk of default. The Office of Thrift Supervision provides regulatory requirements for a loan to be considered a slow loan. Generally, one year loans that are at least 60 days overdue are slow loans.

Related Videos




http://www.businessdictionary.com/definition/slow-loan.html

Today's Top Bulls

72% Bullish
(36 Votes)
70% Bullish
(103 Votes)
69% Bullish
(26 Votes)
Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z