bad debt provision Meaning in the Cambridge English Dictionary
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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 ​companyshows 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 ​baddebtprovisionsrelating to ​lending to ​bigbusinesses.
(Definition of bad debt provision from the Cambridge Business English Dictionary © Cambridge University Press)
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