Definition of “bad debt recovery” - English Dictionary

“bad debt recovery” in Business English

See all translations

bad debt recoverynoun

uk us

[ 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)