👉 A non-performing party (NPP) in accounting is a company or individual that has not made its payments on time and continues to do so. This can happen for various reasons, such as financial difficulties, lack of funds, or changes in business operations. Non-performing parties are typically referred to as "nonperformers" or "non-compliant clients." They may be subject to penalties by the lender if they continue to default on their debts, and the bank may also take legal action
