nonaccrual

adjective

non·​ac·​cru·​al ˌnän-ə-ˈkrü-əl How to pronounce nonaccrual (audio)
: not accruing interest
nonaccrual loans
a loan that has been put on nonaccrual status

Examples of nonaccrual in a Sentence

Recent Examples on the Web
These examples are automatically compiled from online sources to illustrate current usage. Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Its credit quality has deteriorated lately, too — its nonaccrual loans, those that have gone 90 days without receiving a payment, climbed 15% year over year in the second quarter. Dallas News, 19 Sep. 2021

Word History

First Known Use

1922, in the meaning defined above

Time Traveler
The first known use of nonaccrual was in 1922

Dictionary Entries Near nonaccrual

Cite this Entry

“Nonaccrual.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/nonaccrual. Accessed 5 Nov. 2024.

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