Dictionary Home » Legal Definitions » bad debt

bad debt legal definition

noun

An uncollectible debt arising due to the debtorÂ’s refusal to pay, insolvency, or bankruptcy.

Learn more about bad debt

» bad debt business definition

» bad debt investment & finance

link/cite print suggestion box

More from YD

» bad

» direct charge-off method

bad check (legal)

Bad command or file name

bad debt (investment)

bad delivery (investment)

bad egg (idioms)