Definition
Net Interest Margin After Losses – A credit-business profitability metric used by consumer-lending platforms: the annualized ratio of (credit revenue minus funding costs minus provision for doubtful accounts) to average gross loans receivable for the period. Unlike plain NIM, it nets out expected credit losses, so a declining NIMAL signals either pricing that hasn't kept pace with funding costs or a deteriorating loan book, not just a thinner spread. Found In: Income Statement, operational-metrics disclosures