Definitions of bad debt
an obligation to pay money that cannot be collected and that may be deductible for tax purposes
Chinese banks are set to report the highest proportion of bad debts since 2009 after late payments on loans rose sharply.
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bad debt means:
substantivo
full
noun
an obligation to pay money that cannot be collected and that may be deductible for tax purposes
Chinese banks are set to report the highest proportion of bad debts since 2009 after late payments on loans rose sharply.