What is the meaning of BAD DEBT?

BAD DEBT is an open account balance or loan receivable that has proven to be uncollectible and is written off.

Barry Goldsmith
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APABarry Goldsmith. (2010). bad debt. Retrieved September 23, 2026, from http://smartdefine.org/bad_debt/definitions/1148259
ChicagoBarry Goldsmith. 2010. "bad debt" http://smartdefine.org/bad_debt/definitions/1148259 (accessed September 23, 2026).
HarvardBarry Goldsmith 2010, bad debt, Smart Define, viewed 23 September, 2026, <http://smartdefine.org/bad_debt/definitions/1148259>.
MLABarry Goldsmith. "bad debt" 21 October 2010. Web. 23 September 2026. <http://smartdefine.org/bad_debt/definitions/1148259>
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