Definition of bad debt in English:

bad debt

Line breaks: bad debt

noun

A debt that cannot be recovered.
More example sentences
  • The financier eventually receives the proceeds of the debts, the trader usually agreeing to repurchase any bad debts.
  • As the accounts stated, the loss was due to claims under a policy written for the solicitors' indemnity fund and for bad debts on reinsurance recoveries.
  • The financial crisis has now left many of these banks on the verge of insolvency with large portfolios of insecure loans and bad debts.

Definition of bad debt in:

Get more from Oxford Dictionaries

Subscribe to remove adverts and access premium resources

Word of the day meretricious
Pronunciation: ˌmɛrɪˈtrɪʃəs
adjective
apparently attractive but having no real value...