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Bad debt - Wikipedia, the free encyclopediaIn financial accounting and finance, bad debt is the portion of receivables that can no longer be collected, typically from accounts receivable or loans. ...en.wikipedia.org
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Bad debt: Definition from Answers.comBad Debt A debt that is not collectible and therefore worthless to the creditor. This occurs after all attempts are made to collect on the debtwww.answers.com
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When you can reclaim VAT on bad debts | Business LinkWhen you can reclaim VAT on bad debts. You can reclaim VAT that you paid to HM Revenue & Customs and which you have not received from the customer. ...www.businesslink.gov.uk