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What does "fully performing" mean?

I just would like to understand what is the meaning of "fully performing"


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This term is often used in connection with loans. Debtors are "fully performing" when they repay their loans on the terms originally agreed with the bank, there are no arrears of principal or interest payment.

It may also refer to an asset that is making payments on time, and there are no problems or concerns.
Nov 10th, 2011 at 3:13 PM
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