What is another word for wast debt?
Pronunciation: [wɒst dˈɛt] (IPA) 
The phrase "wast debt" refers to an outstanding financial obligation that is unlikely to be repaid. There are several synonyms for this term, including bad debt, delinquent debt, uncollectible debt, and defaulted debt. Bad debt is money that a debtor owes but is unable to pay back due to financial difficulty or unwillingness to do so. Delinquent debt refers to overdue payments that have become past due. Uncollectible debt is a debt that is considered too risky to collect on. Defaulted debt is debt that the borrower has failed to pay back according to the agreed-upon terms. All of these terms describe financial situations that can cause significant problems for both the debtor and the creditor.
