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Investing > Bad Debt
The following information is about Bad Debt.
Bad Debt Defined
Open balance or loan receivable that is considered uncollectible and is written off by a firm. (Reserves are usually maintained for uncollectible accounts.) The relationship of recoveries and write-offs to accounts receivable can indicate a firm's credit and charge-off policies.
See Also: Accounts Receivable
This definition is in context to Investing. See more contextual defintions for Bad Debt.
Struggling Image Entertainment Receives More Bad News
Published July 5, 2009, 1:17 am, San Fernando Valley Business Journal
The accounting firm for Image Entertainment Inc. has raised doubts that the home entertainment programming distributor can continue in business due to debt and lack of money for its operations.
Small banks start feeling financial stress
Published July 5, 2009, 12:13 am, The Sacramento Bee
At first, the Sacramento region's small, business-oriented community banks appeared to have sidestepped the plight of banking titans that staggered under the burden of home mortgage defaults. Now some are showing signs of stress.
Stylish lifestyles doom some stars
Published July 5, 2009, 12:12 am, Fort Wayne Journal Gazette
It would seem inconceivable if it didn't happen so often: highly paid celebrities and athletes going broke.
Investors keeping tight grip on cash
Published July 5, 2009, 12:03 am, Everett Herald
NEW YORK -- That old saying "cash is king" certainly rings true these days. Investors can't seem to get enough of it, which ultimately could be bad news for the stock market and the economy.
Recession hurts even the savvy ex-athletes like Willie Davis
Published July 4, 2009, 11:26 pm, The News-Star
The economic recession has taken a $9 million bite out of Pro Football Hall of Famer-turned-businessman Willie Davis.
On Investing: Build America Bonds
Published July 4, 2009, 10:53 pm, Shenandoah Valley News
Equities are like foods full of exotic flavors. Bonds and fixed income securities are like plain vanilla. Right?
For biofuels, immigration pays
Published July 4, 2009, 7:07 pm, Hutchinson News
A little known U.S. immigration program has helped quietly infuse millions of Asian dollars into dev ...
Hardest part of recovery still to come (ABC)
Published July 4, 2009, 6:07 pm, Yahoo!7 Australian News
As the ledger closes on the worst market performance in almost three decades, just what are the prospects for the new financial year?
Jackson's spending "” a lesson
Published July 4, 2009, 4:41 pm, Louisville Courier-Journal
Long before his death, we heard more about Michael Jackson's financial troubles than his music. The singer was reportedly $400 million in debt. Even at the end, he appeared to be living above his means, astounding considering he was bringing in millions of dollars every year in royalties.
How the rich and famous manage to go broke
Published July 4, 2009, 4:27 pm, ABC 15 Phoenix
It would seem inconceivable if it didn't happen so often: highly paid celebrities and athletes going broke. Despite having one of the most lucrative careers in show business, Michael Jackson reportedly died $400 million in debt.
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