Nonproductive Loan

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Definition: Nonproductive Loan

Nonproductive Loan
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Full Definition of Nonproductive Loan

A commercial bank loan which does not directly increase the economy’s output, even though it may increase the total spending power of the economy. An example is a loan whose purpose is to finance a leveraged buyout.

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https://payrollheaven.com/define/nonproductive-loan/
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Nonproductive Loan. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 23, 2024 https://payrollheaven.com/define/nonproductive-loan/.
Chicago Manual of Style (CMS):
Nonproductive Loan. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/nonproductive-loan/ (accessed: April 23, 2024).
American Psychological Association (APA):
Nonproductive Loan. PayrollHeaven.com. Retrieved April 23, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/nonproductive-loan/

Definition Sources

Definitions for Nonproductive Loan 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: 16th November, 2021 | 0 Views.