Debts
21Illegitimate debts — Odious debts (englisch: verabscheuungswürdige Schulden, auch Diktatorenschulden) ist ein von dem russischen Minister, und nach der Russischen Revolution, Professor des Rechts in Paris Alexander Nahum Sack in den 1920er Jahren entwickelter… …
22dischargeable debts — Debts that can be wiped out in bankruptcy, such as credit card debts, medical bills, and back rent. Compare: nondischargeable debts Category: Bankruptcy, Foreclosure & Debt → Bankruptcy Nolo’s Plain English Law Dictionary. Gerald N. Hill,… …
23provision for bad debts — A provision calculated to cover the debts during an accounting period that are not expected to be paid. A general provision, e.g. 2% of debtors, is not allowed as a deduction for tax purposes. A specific provision, in which specific debts are… …
24doubtful 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… …
25provision for bad debts — A provision calculated to cover the debts during an accounting period that are not expected to be paid. A general provision, e. g. 2% of debtors, is not allowed as a deduction for tax purposes. A specific provision, in which specific debts are… …
26Confidential debts — Confidential Con fi*den tial, a. [Cf. F. confidentiel.] 1. Enjoying, or treated with, confidence; trusted in; trustworthy; as, a confidential servant or clerk. [1913 Webster] 2. Communicated in confidence; secret. Confidential messages. Burke.… …
27Agreement on German External Debts — London Agreement on German External Debts also known as the London Agreement, was a debt relief treaty between the Federal Republic of Germany on one part and on Belgium, Canada, Ceylon, Denmark, the French Republic, Greece, Iran, Ireland, Italy …
28book debts — Outstanding amounts owing by customers and others to a company in the course of its business. Easyform Glossary of Law Terms. UK law terms. book debts The value of outstanding debtors to a business. This te …
29factoring debts — An arrangement whereby a creditor sells his debts to a factor for an immediate sum and the factor then collects those debts. Easyform Glossary of Law Terms. UK law terms …
30allowance for bad debts — A reduction in the value of *accounts receivable. One or more *general ledger accounts are used to record allowances for bad debts, which represent the value of accounts receivable whose ultimate collection is in doubt. The allowance may be for… …
