bad debt recovery Definition in Business English Dictionary
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Definition of "bad debt recovery" - Business English Dictionary

bad debt recovery

noun
 
 
[C or U] ACCOUNTING a payment you receive for a debt that you thought would not be paid and have recorded as a loss in your accounts: A bad debt recovery can be treated as income and credited to the profit and loss account.
(Definition of bad debt recovery from the Cambridge Business English Dictionary © Cambridge University Press)
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