bad debt
Noun
Meaning
a debt that is unlikely to be repaid
Source: WordNetSynonyms
Antonyms
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Examples
An increase in the number of bankruptcy cases does not necessarily entail an increase in bad debt write-off rates for the economy as a whole.
Account Monitoring Service helps banks detect such negative trends in order to reduce delinquency and bad debt.
It has been tasked with raking back some of the bank’s bad debt.
MUMBAI The Reserve Bank of India on Wednesday tweaked an obscure old rule relating to the valuation of state government securities, a move that market insiders warn could pile more pain on state-run banks laden with bad debt.
On top of that, they had a habit of misrepresening the purpose of the consumers’ loans, and their own financial position (e.g. by their loose bad debt reserving).
In 2012, approximately VND70,000 billion was sourced from the fund for bad debt settlement.