delinquency rate

delinquency rate definition - business

delinquency rate

The dollar amount of loans past due as a percentage of the dollar amount of loans in a portfolio. The delinquency rate is sometimes calculated on the basis of the number of loans delinquent rather than the dollar amount of loans past due. The delinquency rate is a measure of the proportion of a loan portfolio that is at risk.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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