Bad Debts

/bæd dɛts/noun

Money owed to a business or lender that is considered unlikely to ever be repaid.

(accounting) Debt that a creditor has effectively written off as uncollectible.

Urdu

وہ رقم جو کسی کاروبار یا قرض دہندہ کو واپس ملنے کا امکان نہ ہو۔

Hindi

वह राशि जो किसी व्यवसाय या ऋणदाता को वापस मिलने की संभावना न हो।

The company wrote off several bad debts at the end of the financial year.

Related words

Practice

Rising forced the bank to tighten its lending criteria.