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Book debt

   Also found in: Legal, Financial, Wikipedia 0.01 sec.
a debt for items charged to the debtor by the creditor in his book of accounts.

See also: Book



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Static trade-off models would predict that low market debt ratios ought to encourage a company to issue debt in an attempt to move towards the optimum, which would have the effect of raising book debt ratios following high stock returns.
Capital structure decisions: which factors are reliably important? by Frank, Murray Z.; Goyal, Vidhan K. / Financial Management
Joint administrator Mark Getliffe said efforts are continuing to realise assets, particularly book debts.
New owners plan upgrade of abattoir; Sale of Caernarfon meat plant ... by Daily Post (Liverpool, England)
Until now it has been accepted practice that banks have been able to take a fixed charge over companies' book debts on condition that the proceeds of those debts are paid into a designated bank account.
The loan danger by Evening Gazette (Middlesbrough, England)
 
 
 
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