bad debts recovered

Fin
money formerly classified as bad debts and therefore written off that has since been recovered either wholly or in part

The ultimate business dictionary. 2015.

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  • bad debts recovered — Debts originally classed as bad debts and written off to the profit and loss account (or to a provision for bad and doubtful debts) but subsequently recovered either in part or in full. Bad debts recovered should be written back to the profit and …   Accounting dictionary

  • bad debts — debts which cannot be recovered …   English contemporary dictionary

  • Bad debt — A bad debt is an amount that is written off by the business as a loss to the business and classified as an expense because the debt owed to the business is unable to be collected, and all reasonable efforts have been exhausted to collect the… …   Wikipedia

  • bad debt — An amount owed by a debtor that is unlikely to be paid; for example, due to a company going into liquidation. The full amount should be written off to the profit and loss account of the period or to a provision for bad debts as soon as it is… …   Big dictionary of business and management

  • bad debt — noun a debt that is unlikely to be repaid • Hypernyms: ↑debt * * * bad debt noun A debt that cannot be recovered and is therefore written off as a loss • • • Main Entry: ↑bad bad debt A debt of which there is no prospect of payment • • • Main… …   Useful english dictionary

  • Bad Debt Recovery — A debt from a loan, credit line or accounts receivable that is recovered either in whole or in part after it has been written off or classified as a bad debt. Because it generally generates a loss when it is written off, a bad debt recovery… …   Investment dictionary

  • Bad Newz Kennels dog fighting investigation — Michael Dwayne Vick Tony Taylor Purnell Anthony Peace Quanis Lavell Philips Oscar Allen Alias(es) Vick: Ookie and Ron Mexico Taylor: T Peace: P Funk and Funk Philips: Q Allen: No alias [1] Conviction(s) …   Wikipedia

  • Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… …   Universalium

  • France — /frans, frahns/; Fr. /frddahonns/, n. 1. Anatole /ann nann tawl /, (Jacques Anatole Thibault), 1844 1924, French novelist and essayist: Nobel prize 1921. 2. a republic in W Europe. 58,470,421; 212,736 sq. mi. (550,985 sq. km). Cap.: Paris. 3.… …   Universalium

  • United Kingdom — a kingdom in NW Europe, consisting of Great Britain and Northern Ireland: formerly comprising Great Britain and Ireland 1801 1922. 58,610,182; 94,242 sq. mi. (244,100 sq. km). Cap.: London. Abbr.: U.K. Official name, United Kingdom of Great… …   Universalium

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