Categories
Investments glossary

Other Real Estate Owned (OREO)

Other Real Estate Owned (OREO) is a bank accounting term that refers to real estate owned assets as non-earning assets. Just as excess intake of Oreo cookies may indicate poor health in humans, the presence of a large quantity of OREO assets on a bank balance sheet may raise concerns about the overall health of the institution.

Click to rate this post!
[Total: 0 Average: 0]

Leave a Reply

Your email address will not be published. Required fields are marked *