Definition of “bad debt provision” - English Dictionary

business-english dictionary

“bad debt provision” in Business English

See all translations

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)