uncollectible
1
7.3
- adjective
- /ˌʌn.kəˈlɛk.tə.bəl/
- Specialized
:
incobrable
- The argument about tax consequences, as well as the possibility of OWS getting hit with all the uncollectible debt, is pretty convincing.
- uncollectible loans
Examples
-
The accountant reported that a significant portion of the loans were deemed uncollectible due to the borrowers' financial struggles.
-
The government's foreign assets fell from a high of $145 billion in 1982 to $63 billion at the end of 1988, of which at least half was in uncollectible loans to Iraq and others.
Academic text (1990) -
Russian taxes are complex, high, full of exceptions, and uncollectible.
Academic text (2000) -
They may or may not be forthcoming about whether the debt is uncollectible.
Blog text (19) -
In 1999, the hospital spent over $6 million on free care, uncollected accounts, and uncollectible Medicaid reimbursements.
Academic text (2003) -
Banks are losing 17 billion colones (about $382 million) annually in uncollectible loans to the cattle industry.
Academic text (1992) -
Banks wrote off an extraordinary amount of charged-off debt that they deemed uncollectible in recent years, losing money as a result, and have also had to contend with a slowing economy and tougher federal regulations, he says.
Blog text (19) -
Comptroller of the Currency Thomas Curry has been warning for several months about the practice of bank-reserve releases, which occur when banks add less to their loan-loss reserves than they write off for uncollectible loans.
Blog text (12) -
Our company projected an increase in uncollectible debts as many clients are unable to pay their invoices.
-
After the analysis, it became clear that the old accounts were mostly uncollectible and needed to be written off.
Synonyms
149
7.5
Not likely to be paid back as a debt
2
7.3
Something that cannot be fixed or brought back
2
5.5
Too large for a person or company to afford
1
8.8
Impossible to get back or fix
1
5.3
Impossible to get back money that someone owes
1
6.8
A debt or favor you cannot pay back
Impossible to get back
No one can return land, objects, or memories to a usable state
Not able to be changed for the better
How Collectible
9
4.2
- Formal
15
6.3
16
6.8
- Specialized
149
7.5
38
3.0
- Specialized
1
7.3
Surface Forms
Morphology
uncollectible = collectible (transparent) = un + collect + ible
The adjective is formed by prefixing 'un-' to 'collectible', which straightforwardly means 'not able to be collected'.
Etymology
Uncollectible breaks into un- 'not' and collect 'gather', the same root you see in collection or collector. So an uncollectible debt is like something you cannot 'gather' or get back.