bad debtnoun [ C or U ]
uk/ˌbæd ˈdet/us/ˌbæd ˈdet/a debt, or debt, that is not likely to be paid:
The bank expects to lose £703 million of last year's profits as a result of bad debts.
Thesaurus: synonyms and related words
Accounting
- accountancy
- accountant
- accounting
- accounts
- annualized
- arrears
- auditor
- balance
- bill
- capital
- capital gains
- costing
- double entry bookkeeping
- false accounting
- fraudulent accounting
- FRS
- GAAP
- housekeeping
- loss
- square
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Borrowing & lending