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bad debt
(redirected from Bad debts)

   Also found in: Medical, Legal, Financial, Wikipedia, Hutchinson 0.09 sec.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.bad debtbad debt - a debt that is unlikely to be repaid
debt - money or goods or services owed by one person to another
Translations
German bad debt nuneinbringliche Forderung f

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1933), addressed the specific charge-off requirement and noted that Congressional intent was to allow a deduction for business bad debts in the year in which ascertained worthless, provided there was "some specific act of the taxpayer clearly indicating their abandonment as assets.
Brazilian farmers realize this, but their options are limited this year by mountains of bad debts.
Keep in mind that bad debts don't disappear from your credit once they have been paid.
 
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