doubtful debts

sums of money which are owed to a business but whose payment is in doubt (Accounting)

English contemporary dictionary. 2014.

Look at other dictionaries:

  • doubtful debts — Money owed to an organization, which it is unlikely to receive. A provision for doubtful debts may be created, which may be based on specific debts or on the general assumption that a certain percentage of debtors amounts are doubtful. As the… …   Big dictionary of business and management

  • doubtful debts provision — Fin an amount charged against profit and deducted from debtors to allow for the estimated nonrecovery of a proportion of the debts. See also bad debt …   The ultimate business dictionary

  • provision for doubtful debts — A British term for *allowance for bad debts …   Auditor's dictionary

  • Сомнительные долги (DOUBTFUL DEBTS, UNCOLLECTIBLE ACCOUNTS —амер.)  — Дебиторская задолженность организации, которая не погашена в сроки, установленные договором, и не обеспечена соответствующими гарантиями См. п. 70 Положения по ведению бухгалтерского учета и бухгалтерской отчетности в Российской Федерации, п. 2… …   Словарь терминов по управленческому учету

  • doubtful debt — ➔ debt * * * doubtful debt UK US noun [C] ► a debt that is unlikely to be paid: »Provision for doubtful debts is calculated on debtors’ balances after elimination of bad debts …   Financial and business terms

  • doubtful — I adjective arguable, at issue, conditional, conjectural, contestable, controvertible, debatable, disbelieving, disposed to question, disputable, distrustful, doubtable, doubting, dubious, dubitable, dubius, equivocal, implausible, improbable, in …   Law dictionary

  • doubtful debt — An amount owed to an organization by a debtor that it might well not receive. A provision for doubtful debts may be created, which may be based on specific debts or on the general assumption that a certain percentage of debtors amounts are… …   Accounting dictionary

  • doubtful — UK US /ˈdaʊtfəl/ adjective ACCOUNTING ► used to describe debts or accounts that are unlikely to be paid: »The Company has established an allowance for doubtful accounts based on the credit risk of specific customers and historical trends. → See… …   Financial and business terms

  • doubtful debt provision — combining of debts whose payment is doubtful (account balance company) …   English contemporary dictionary

  • bad debts recovered — Debts originally classed as bad debts and written off to the profit and loss account (or to a provision for bad and doubtful debts) but subsequently recovered either in part or in full. Bad debts recovered should be written back to the profit and …   Accounting dictionary

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