bad debt

noun

: loans that will not be repaid
banks with millions of dollars of bad debt

Examples of bad debt in a Sentence

Recent Examples on the Web Uncompensated care refers to services provided without payment, such as charity care and unanticipated bad debt. Lauren Jessop | The Center Square Contributor, Washington Examiner - Political News and Conservative Analysis About Congress, the President, and the Federal Government, 26 Oct. 2024 China has one advantage, according to the Bridgewater founder: Most of China’s bad debt is denominated in yuan, with debtors and creditors often both being Chinese citizens. Ryan Hogg, Fortune Asia, 2 Oct. 2024 In my experience, this proactive approach enables early intervention, minimizes the risk of bad debt and helps protect the company's financial well-being. Adam Povlitz, Forbes, 23 Sep. 2024 Fraud hurts everyone by limiting the supply from good, qualified renters to inherently making renting more expensive as companies work to recoup costs on their bad debt. Tyler Christiansen, Forbes, 16 Sep. 2024 Focus on paying off bad debt as quickly as possible and avoid accumulating more. 4. Melissa Houston, Forbes, 17 Aug. 2024 Those provisions are the money that financial institutions set aside to cover any potential losses from credit risk, including delinquent or bad debt and lending. Rocio Fabbro, Quartz, 25 July 2024 My dad lived very hand-to-mouth, and my mum used to buy a lot through catalogues and got herself into some bad debt. R29 Team, refinery29.com, 8 May 2024 Between 2016 and 2022, about $100 million of bad debt was attributable to individuals who would have qualified for charity care. Katy Golvala, Hartford Courant, 7 Apr. 2024

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'bad debt.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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Cite this Entry

“Bad debt.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/bad%20debt. Accessed 5 Nov. 2024.

Legal Definition

bad debt

see debt

More from Merriam-Webster on bad debt

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