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Definition of Bad debt
1. Noun. A debt that is unlikely to be repaid.
Definition of Bad debt
1. Noun. (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. ¹
¹ Source: wiktionary.com
Lexicographical Neighbors of Bad Debt
Literary usage of Bad debt
Below you will find example usage of this term as found in modern and/or classical literature:
1. Bank Profitability: Methodological Country Notes by OECD Staff (2005)
"... foreign credit institutions (21) bad debt credit with national credit
institutions (280) bad debt credit with foreign credit institutions (281) Non-paid ..."
2. Facts, Failures and Frauds: Revelations, Financial, Mercantile, Criminal by David Morier Evans (1859)
"The British Bank had a "bad debt fund." It is on the liabilities side of the account,
... Five per cent, on the net profits went to the "bad debt fund. ..."