| 释义 |
bad debt recovery
noun
ukus
[ U ] FINANCE, LAW
the legal process of forcing someone to pay a debt:
The government established a financial loan court to facilitate bad debt recovery.
a bad debt recovery agency
[ 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.
|