Bad Debt Definition
noun
An uncollectible debt arising due to the debtor’s refusal to pay, insolvency, or bankruptcy.
Webster's New World Law
(business, accounting) A debt which cannot be recovered from the debtor, either because the debtor doesn't have the money to pay or because the debtor cannot be found and/or forced to pay.
Wiktionary
Synonyms:
- delinquence
Other Word Forms of Bad Debt
Noun
Singular:
bad debt
Plural:
bad-debtsRelated Articles
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