Term
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Definition
- Special Mention
- Substandard
- Doubtful
- Loss |
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Term
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Definition
| - has potential weaknesses that deserve management's close attention |
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Term
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Definition
- inadequately protected
- must have well-definded weakness that jeopardize the liquidation of the debt
- high probablility of payment default |
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Term
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Definition
- has all the weakness of substandard and the weaknesses make collection or liquidation in full highly questionable and improbable
- nonaccrual accounting treatment is required for doubtful assets |
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Term
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Definition
- considered uncollectible and little value
- often in bankruptcy
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