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 Underlying Debt:
- Examples Municipal bonds issued by government entities but under the control of larger government entities and for which the larger entity shares the credit responsibility uncollectible account definition.
- Definition Upset Price:
- Examples The minimum price at which a seller of property will accept a bid at an auction uncollectible account explain.
- Definition U.S. Treasury Note:
- Examples U.S. government debt with a maturity of one to 10 years uncollectible account what is.
- Definition Unencumbered:
- Examples Property that is not subject to any claims by creditors. For example, securities bought with cash instead of on margin and homes with mortgages paid off uncollectible account meaning.
- Definition Unsecured Debt:
- Examples Debt that does not identify specific assets that the debtholder is entitled to in case of default uncollectible account abbreviation.
