DELINQUENCY RATIO Definition

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DELINQUENCY RATIO is the ratio of past-due loans to total number of loans serviced.

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PAR VALUE is a. the maturity value or face value, i.e., the amount that an issuer agrees to pay at the maturity date; b. the official exchange rate between two countries currencies; or, c. the value of a security that is set by the company issuing it; unrelated to market value.

GROSS RECEIPTS is the total amount received prior to the deduction of any allowances, discounts, credits, etc.

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