Bad debt

Definition:

Bad debt is money owed for a business debt that cannot be collected; it can be deducted as an operating expense.

Related terms:

Long-term liabilities

Useful articles:

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»	The New Model for Business
»	Designing and Building Payment Applications
»	New Product Development Pitfalls: Stretching Too Thin

Credit card

How long it will take to pay off your credit card and how much interest you will pay by minimum payment

Car payments

This calculator estimates your monthly payments on an auto loan

Cost Spreading

This is a cost spreading calculator that can be used to spread the estimated cost of up to 8 years.

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Term: Accounting -> Bad debt