Meaning of “bad debt provision” in the English Dictionary


"bad debt provision" in Business English

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bad debt provisionnoun [ C ]

uk us UK US bad debt reserve

ACCOUNTING an amount that a company shows on its accounts to represent the money that is owed to it, and that is unlikely to be paid back:

The bank announced an 87% leap in bad debt provisions relating to lending to big businesses.

(Definition of “bad debt provision” from the Cambridge Business English Dictionary © Cambridge University Press)