What does bad debt mean?

Definitions for bad debt

Here are all the possible meanings and translations of the word bad debt.

Princeton's WordNet

  1. bad debt(noun)

    a debt that is unlikely to be repaid

Wiktionary

  1. bad debt(Noun)

    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.

Freebase

  1. Bad debt

    A bad debt is an amount owed to a business or individual that is written off by the creditor as a loss because the debt cannot be collected and all reasonable efforts to collect it have been exhausted. This usually occurs when the debtor has declared bankruptcy or the cost of pursuing further action in an attempt to collect the debt exceeds the debt itself. The debt is immediately written off by crediting the debtor's account, eliminating any balance remaining there. The crediting represents a loss to the creditor.

Numerology

  1. Chaldean Numerology

    The numerical value of bad debt in Chaldean Numerology is: 4

  2. Pythagorean Numerology

    The numerical value of bad debt in Pythagorean Numerology is: 2

Images & Illustrations of bad debt

  1. bad debtbad debtbad debt


Translations for bad debt

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"bad debt." Definitions.net. STANDS4 LLC, 2017. Web. 17 Dec. 2017. <http://www.definitions.net/definition/bad debt>.

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