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Legal Word of the Day
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- bad debt
- the debt that can not be collected for different reasons.
Generally, credit card debts used to purchase basic nesessities as well as hospital care debts considered "bad debts".
Accounts receivable that will likely remain uncollectable and will be written off. Bad debts appear as an expense on the company's income statement, thus reducing net income. … Full Definition »
Legal Dictionary & Law Glossary
Raymond J PajaresAttorney at LawPRACTICE AREA: Personal Injury, Professional Malpractice, Litigation, Animal Law
Edward C AbellAttorney at LawPRACTICE AREA: Business Law, Consumer Protection, Environmental Law, Litigation, Animal Law
Brian D ChaseAttorney at LawPRACTICE AREA: Personal Injury, Real Estate Law, Litigation, Animal Law
Michael M FleishmanAttorney at LawPRACTICE AREA: Landlord & Tenant Law, Business Law, Animal Law
New Haven RegisterBefore that, Courtney was a partner in a private law firm, served as Vernon's Town Attorney and served in the state House of Representatives from 1987 to 1994. He made an unsuccessful ... Before starting her real estate brokerage, Hopkins-Cavanagh ran ... more »
New York TimesSolo, widely viewed as one of the world's top goalkeepers and a complicated teammate, is scheduled to face trial next month on two misdemeanor charges of fourth-degree domestic assault. She has pleaded not guilty in a highly publicized case and has ... more »