credit loss

credit loss credit loss loss

* * *

credit loss UK US noun [C]
ACCOUNTING, FINANCE a loss that a business or financial organization records, which is caused by customers not paying money they owe: future/potential credit loss »

The company holds reserves for estimated potential credit losses.

Compare LOAN LOSS(Cf. ↑loan loss)

Financial and business terms. 2012.

Look at other dictionaries:

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