bad debt provision Definition in the Cambridge English Dictionary Cambridge dictionaries logo

Definition of “bad debt provision” - 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 ​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)
What is the pronunciation of bad debt provision?
Add Cambridge dictionaries to your browser to your website
Word of the Day

new wave

people who are doing activities in a new and different way

Word of the Day

Chest pains and palpitations: talking about illness (2)
Chest pains and palpitations: talking about illness (2)
by Liz Walter,
February 03, 2016
My previous post (My leg hurts: Talking about illness (1)) presented some general vocabulary to use at the doctor’s. This one looks at some more specific areas of illness and explains some useful words and phrases that you may need to use or understand on a visit to the doctor’s. There are several

Read More 

awesomesauce noun
awesomesauce noun
February 01, 2016
slang the state of being extremely good or enjoyable or something or someone that is extremely good or enjoyable Recovering from the awesomesauce of another fab #Vidcon!!

Read More