bad debt

Examples (10)

• Bad debt has hit the bank's profits this year.
• The company had to write off over a million dollars in bad debt last quarter.
• Small businesses are particularly vulnerable to bad debt from non-paying clients.
• We need a better credit check system to reduce the risk of future bad debt.
• During a recession, the amount of bad debt in the economy tends to rise sharply.
• The auditor's report highlighted a significant increase in the provision for bad debt.
• After the customer declared bankruptcy, their outstanding balance was classified as bad debt.
• The bank's policy is to pursue all collection avenues before an account is considered a bad debt.
• Investors are closely watching the bank's ratio of bad debt to total loans.
• To protect your cash flow, it's crucial to have strategies for managing and minimizing bad debt.