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bad debt

 - 2 dictionary results
Financial Dictionary

Bad Debt

A debt that is not collectable and therefore worthless to the creditor.

Investopedia Commentary

Bad personal debts generally aren't deductible.

Related Links

The Importance of Your Credit Rating

See also: Credit Rating, Credit Risk, Debt, Default Risk, Impaired Credit

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Legal Dictionary

Main Entry: bad debt
see DEBT
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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