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Bad Debts

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PPGPortal > Home > Concept Dictionary > B, C > Bad Debts

Bad Debts 

Amounts owed to the organization that are never collected or that the organization realizes it will either never collect or have to spend more than the total of the debt to collect. 

(Graham, Andrew. 2007. Canadian Public-Sector Financial Management. Kingston, ON: School of Policy Studies, Queen’s University; Montreal: McGill-Queen’s University Press.)



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