5 TermsHome > Terms > English, UK (UE) > Bad debt
Bad debt
When a business recognises that a debt is unlikely to be repaid, the debt is written off as an expense in the profit and loss account.
This is auto-generated content. You can help to improve it.
0
0
Improve it
- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: General Finance
- Company: Reuters
- Product:
- Acronym-Abbreviation:
Other Languages:
Member comments
Terms in the News
Featured Terms
Contributor
Featured blossaries
farooq92
0
Terms
47
Blossaries
3
Followers
Most successful child star
Category: Entertainment 1 5 Terms
5 Terms
Browers Terms By Category
- Railroad(457)
- Train parts(12)
- Trains(2)
Railways(471) Terms
- Home theatre system(386)
- Television(289)
- Amplifier(190)
- Digital camera(164)
- Digital photo frame(27)
- Radio(7)
Consumer electronics(1079) Terms
- Bread(293)
- Cookies(91)
- Pastries(81)
- Cakes(69)
Baked goods(534) Terms
- Industrial lubricants(657)
- Cranes(413)
- Laser equipment(243)
- Conveyors(185)
- Lathe(62)
- Welding equipment(52)
Industrial machinery(1734) Terms
- Human evolution(1831)
- Evolution(562)
- General archaeology(328)
- Archaeology tools(11)
- Artifacts(8)
- Dig sites(4)