60-Plus Delinquency

Business, Legal & Accounting Glossary

Definition: 60-Plus Delinquency

60-Plus Delinquency

Full Definition of 60-Plus Delinquency

A banking term used to describe a mortgage loan with overdue payments of 60 days or greater but less than 90 days, usually expressed as a percentage of a group of loans. This figure is used when analyzing loan portfolio performance, which produces a metric of a lender’s performance.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
60-Plus Delinquency. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 02, 2021 https://payrollheaven.com/define/60-plus-delinquency/.
Chicago Manual of Style (CMS):
60-Plus Delinquency. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/60-plus-delinquency/ (accessed: December 02, 2021).
American Psychological Association (APA):
60-Plus Delinquency. PayrollHeaven.com. Retrieved December 02, 2021
, from PayrollHeaven.com website: https://payrollheaven.com/define/60-plus-delinquency/

Definition Sources

Definitions for 60-Plus Delinquency are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 19th November, 2021 | 0 Views.