Define: Doubtful Debts

UK Accounting Glossary

Definition: Doubtful Debts


Quick Summary of Doubtful Debts


Amounts due from credit customers where there is concern that the customer may be unable to pay.



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Examples of Doubtful Debts in a sentence


They increased their provision for doubtful debts to six million dollars.
The chairman had stated that in 2009 the business side of things would likely be characterised by bad and doubtful debts.



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Doubtful Debts. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/doubtful-debts/ (accessed: February 28, 2020).
American Psychological Association (APA):
Doubtful Debts. PayrollHeaven.com. Retrieved February 28, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/doubtful-debts/

Definition Sources


Definitions for Doubtful Debts are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • BusinessDictionary.com
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 23rd December 2018.