bad debt Meaning of "bad debt"

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Definition(s):

  • (n) a debt that is unlikely to be repaid

Usage(s):

  1. And it allows the state to recoup the money that it expends to buy up the bad debt at the core of the problem.
  2. Mounting bad debt at Lloyds drove it to a $6.
  3. German banks have an estimated $265 billion to $400 billion in bad debt on their books.
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irrevocable
/ɪ ˈrɛ və kə bəl /