credit loss Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “credit loss” in the English Dictionary

"credit loss" in Business English

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credit lossnoun [C]

uk   us  
ACCOUNTING, FINANCE a ​loss that a ​business or ​financialorganizationrecords, which is caused by ​customers not ​payingmoney they ​owe: future/potential credit loss The ​companyholdsreserves for ​estimatedpotentialcreditlosses.
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(Definition of credit loss from the Cambridge Business English Dictionary © Cambridge University Press)
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