Bad Debt Reserve
Also known as a "loss reserve".
Bad debt reserves become alarming when they reach levels outside of historical norms or averages, either at the company level or the national level. For instance, there are many concerns today about China's high bad debt reserves at its banks, an aftereffect of many years of almost non-existent lending requirements.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
bad debt reserve — n. An account used to estimate debts that ultimately will not be paid and will thus eventually be deducted for tax purposes. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 … Law dictionary
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bad debt reserve — Fin an amount of money that a company sets aside to cover bad debts … The ultimate business dictionary
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