Noun
a debt that is unlikely to be repaid
Source: WordNetAn 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. Source: Internet
Account Monitoring Service helps banks detect such negative trends in order to reduce delinquency and bad debt. Source: Internet
It has been tasked with raking back some of the bank’s bad debt. Source: Internet
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. Source: Internet
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). Source: Internet
In 2012, approximately VND70,000 billion was sourced from the fund for bad debt settlement. Source: Internet