credit loss - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “credit loss”

credit loss

noun [C]
 
 
ACCOUNTING, FINANCE a loss that a business or financial organization records, which is caused by customers not paying money they owe: future/potential credit loss The company holds reserves for estimated potential credit losses. →  Compare loan loss
(Definition of credit loss from the Cambridge Business English Dictionary © Cambridge University Press)
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