A debt which cannot be recovered from the debtor, either because the debtor lacks the money to pay or because the debtor cannot be found and/or forced to pay.
bad debt in 30 Seconds
- (noun) A debt which cannot be recovered from the debtor, either because the debtor lacks the money to pay or because the debtor cannot be found and/or forced to pay.
Meanings
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noun A debt which cannot be recovered from the debtor, either because the debtor lacks the money to pay or because the debtor cannot be found and/or forced to pay.
Summary
A debt which cannot be recovered from the debtor, either because the debtor lacks the money to pay or because the debtor cannot be found and/or forced to pay.
- (noun) A debt which cannot be recovered from the debtor, either because the debtor lacks the money to pay or because the debtor cannot be found and/or forced to pay.
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