uncollectible
7.8
A debt a business cannot collect
- noun
- /ˌʌn.kəˈlɛk.tə.bəl/
- Specialized
:
deuda incobrable
- It was in Nash General Hospital's interest to engage in such a project, not only in the name of good health, but because approximately $290,000 had been written off by the hospital in uncollectibles.
Examples
-
Businesses often set aside funds to cover potential uncollectibles in their financial statements.
-
The accountant reported that the total amount of uncollectibles had increased this quarter.
-
Uncollectibles are below 3 percent.
Academic text (1997) -
However, the project was to do far more than eliminate uncollectibles.
Academic text (2000) -
Due to the economic downturn, many companies are facing rising uncollectibles that affect their profits.
Antonyms
How Collectible
Surface Forms
uncollectible singular
uncollectibles plural
Morphology
uncollectible = collectible (transparent) = un + collect + ible
The meaning is directly compositional: 'un-' negates 'collectible', yielding 'not collectible'.
Etymology
Uncollectible as a noun comes from un- 'not' plus collect 'gather', just like collection. That makes an uncollectible a debt a business cannot 'gather' or recover.