bad debt
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Definition(s):
- (n) a debt that is unlikely to be repaid
Usage(s):
- And it allows the state to recoup the money that it expends to buy up the bad debt at the core of the problem.
- Mounting bad debt at Lloyds drove it to a $6.
- German banks have an estimated $265 billion to $400 billion in bad debt on their books.
Word of the Day
irrevocable
/ɪ ˈrɛ və kə bəl /
/ɪ ˈrɛ və kə bəl /