The phrase "a nonperforming" is correct and usable in written English.
It is typically used in financial or business contexts to describe an asset, loan, or investment that is not generating expected returns or is not functioning as intended.
Example: "The bank had to write off several loans as a loss due to them being classified as a nonperforming asset."
Alternatives: "underperforming" or "inactive".
As a result, nonperforming loans arose and accumulated in the following years.
Three weeks later, when Bank of America and First Union filed their third-quarter earnings reports with the Securities and Exchange Commission, they disclosed that by year-end they might be classifying a loan to a large borrower as "nonperforming" -- a euphemism for delinquent.
Mr. Beef, 56, is a writer and "nonperforming performance artist" with a penchant for the morbid, he says, who has never done stand-up comedy — an important point.
For the last decade, Japan's banks have struggled to write off an estimated 150 trillion yen $1.2 trillionn) in nonperforming loans, a mountain that has grown as the economy weakens.
Banks are lending only to the most creditworthy borrowers to try and clean up their balance sheets, which still reflect a mountain of nonperforming loans.
But he is tagging along with the bears, who see mounting evidence that China's stimulus package and aggressive bank lending are creating artificial demand, raising the risk of a wave of nonperforming loans.
The government and economists are also worried about asset price inflation and the possibility that aggressive lending from state-owned banks will result in a wave of nonperforming loans in the coming years.
The fear among some experts is that the bubble will eventually burst, leading to a wave of nonperforming loans at the big state-owned Chinese banks, which have been the main financiers of the nation's phenomenal growth dating to the economic reforms in the 1980s.
Another growth driver — local government investment in infrastructure projects — has also come under scrutiny from regulators because of worries that overly aggressive spending on new roads, bridges, tunnels, subways and showpiece projects could lead to a wave of nonperforming loans to municipalities.
Other countries followed suit and the multinational banks found themselves sitting on a pile of nonperforming assets.
