bad debtor


bad debtor
A person who is not in the habit of paying his honest debts; a person unworthy of credit. State v Armstrong, 106 Mo 395.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

  • bad debt — see debt Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. bad debt I …   Law dictionary

  • Debtor-in-possession financing — or DIP financing is a special form of financing provided for companies in financial distress or under Chapter 11 bankruptcy process. Usually, this security is more senior than debt, equity, and any other securities issued by a company. It gives a …   Wikipedia

  • bad-debt art — (BAD det art) n. Art that is sold cheaply or donated because the owner is deeply in debt. Also: bad debt art, Bad Debt Art. Example Citations: Painted just a few weeks before he died a picture of the doctor who couldn t cure him Van Gogh s… …   New words

  • Bad debt — A bad debt is an amount that is written off by the business as a loss to the business and classified as an expense because the debt owed to the business is unable to be collected, and all reasonable efforts have been exhausted to collect the… …   Wikipedia

  • Bad Debt — A debt that is not collectible and therefore worthless to the creditor. This occurs after all attempts are made to collect on the debt. Bad debt is usually a product of the debtor going into bankruptcy or where the additional cost of pursuing the …   Investment dictionary

  • bad debt — noun A debt which cannot be recovered from the debtor, either because the debtor doesnt have the money to pay or because the debtor cannot be found and/or forced to pay …   Wiktionary

  • bad debt — An amount owed by a debtor that is unlikely to be paid; for example, due to a company going into liquidation. The full amount should be written off to the profit and loss account of the period or to a provision for bad debts as soon as it is… …   Big dictionary of business and management

  • bad debt — An amount owed by a debtor that is unlikely to be paid; for example, due to a company going into liquidation. The full amount should be written off to the profit and loss account of the period or to a provision for bad debts as soon as it is… …   Accounting dictionary

  • bad debt — /bæd det/ noun a debt which will not be paid, usually because the debtor has gone out of business, and which has to be written off in the accounts ● The company has written off £30,000 in bad debts …   Marketing dictionary in english

  • bad debt — /bæd det/ noun a debt which will not be paid, usually because the debtor has gone out of business, and which has to be written off in the accounts ● The company has written off £30,000 in bad debts …   Dictionary of banking and finance


Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.