Meaning of bad debt | Babel Free

Definitions

A debt which cannot be recovered from the debtor, either because the debtor lacks the money to pay or because the debtor cannot be found and/or forced to pay.

countable, uncountable

Equivalents

Examples

“The firm’s researchers also went through the public accounts of nearly all the major financial institutions in the world and constructed estimates of how much money they stood to lose from bad debts.”

CEFR level