from Wiktionary, Creative Commons Attribution/Share-Alike License
- adj. Not current.
from the GNU version of the Collaborative International Dictionary of English
- adj. not current or belonging to the present time. Opposite of
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- adj. not current or belonging to the present time
In addition, we had approximately $52 million in investments related to municipal and student loan auction rate securities that we classified as noncurrent on our balance sheet because these securities failed to clear at auction and we are currently unable to sell these securities in the market.
At the end of 2009, about 13% of Amcore's loans were classified as noncurrent, including an enormous 45% of its construction-and-development loans.
Equity method investment should be classified as noncurrent assets.
• The quarterly net charge-off rate and the percentage of loans and leases classified as noncurrent hit the highest levels in the 26 years that the FDIC has collected the data.
Through September, Maritime had lost almost $11.5 million this year, and more than 10% of its loans were classified as noncurrent, according to the FDIC.
As of last June 30, about 7.2% of loans at AmTrust, which had $16 billion in assets and about 70 branches, were classified as "noncurrent," meaning borrowers were behind on payments.
The percentage of "noncurrent" loans and leases -- such as those more than 90 days past due -- hit 2.04% at the end of the second quarter, the highest level since 1993.
At the end of 2008, 7.71 percent of K Bank's loans had become noncurrent, meaning the bank had received no payment on the loans in 90 days or more.
Of course some investigative reporting also takes noncurrent events and makes them current by revealing what has been going on behind the backs of the public.
At year's end, noncurrent loans and foreclosed properties represented 3.1% of all industry assets, the lowest share since the third quarter of 2009.
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