What is another word for bad debt?
Pronunciation: [bˈad dˈɛt] (IPA) 
The term 'bad debt' refers to the amount of money that a company or individual owes but is unlikely to be repaid. Synonyms for bad debt include nonperforming assets, delinquent accounts, uncollectable debt, irrecoverable debt, doubtful debt, and impaired loans. These terms are often used interchangeably to describe debts that are no longer considered viable or collectible. Nonperforming assets typically refer to loans or other financial assets that are not yielding any income, while delinquent accounts are those that are significantly overdue. Regardless of the term used, bad debts can have a significant impact on a company's financial health and must be carefully managed to minimize their impact.
