Meaning of “credit loss” in the English Dictionary

business-english dictionary

"credit loss" in Business English

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credit lossnoun [ C ]

uk us

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.

(Definition of “credit loss” from the Cambridge Business English Dictionary © Cambridge University Press)