bad debt Antonyms
No Synonyms and anytonyms found
Meaning of bad debt
Wordnet
bad debt (n)
a debt that is unlikely to be repaid
bad debt Sentence Examples
- The company's bad debt expense increased significantly due to the current economic downturn.
- Bad debt can negatively impact a business's financial performance and stability.
- The insurance company refused to cover the bad debt losses due to the customer's poor credit history.
- The government implemented policies to reduce bad debt and promote financial responsibility.
- The bank's bad debt ratio improved after implementing stricter lending practices.
- Accountants use various methods to estimate and provision for bad debt.
- The company decided to increase its bad debt allowance to prepare for potential losses.
- Bad debt can arise when customers fail to make scheduled payments or go bankrupt.
- The financial crisis resulted in a surge in bad debt for businesses across multiple industries.
- Credit card companies charge interest on bad debt to recoup their losses.
FAQs About the word bad debt
a debt that is unlikely to be repaid
No synonyms found.
No antonyms found.
The company's bad debt expense increased significantly due to the current economic downturn.
Bad debt can negatively impact a business's financial performance and stability.
The insurance company refused to cover the bad debt losses due to the customer's poor credit history.
The government implemented policies to reduce bad debt and promote financial responsibility.
