English version

bad debt recovery

From Longman Business Dictionary
Related topics: Finance
bad debt recoveryˌbad ˈdebt reˌcovery [uncountable] ACCOUNTINGFINANCEpayment of debts that had been considered unlikely to be paid, or forcing someone, for example in a court of law, to pay a debt they should already have paidItalian banks have been handicapped by the extremely slow legal process for bad debt recovery. recovery
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