Meaning UNCOLLECTIBLE ACCOUNT: An account which cannot be collected by a company because the customer is not able to pay or is unwilling to pay
More terms such as Uncollectible account in Dictionary U.
- Definition United States Government Securities:
- Examples Debt issues of the U.S. government, as distinguished from government-sponsored agency issues uncollectible account definition.
- Definition Underbooked:
- Examples Describes limited interest by prospective buyers in a new issue of a security during the preoffering registration period uncollectible account explain.
- Definition Underwriting Income:
- Examples For an insurance company, the difference between the premiums earned and the costs of settling claims uncollectible account what is.
- Definition Umbrella Personal Liability Policy:
- Examples A liability insurance policy that provides protection against damages not covered by standard liability policies, such as large jury awards in lawsuits uncollectible account meaning.
- Definition Unamortized Premiums On Investments:
- Examples The unexpensed portion of the difference between the price paid for a security and its par value uncollectible account abbreviation.
