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.

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Word of the day maelstrom
Pronunciation: ˈmeɪlstrəm
noun
a powerful whirlpool in the sea