noun
bad debt; uncollectible loan
Refers to a loan or credit that cannot be recovered, often used in financial contexts.
銀行は焦げ付きの増加に悩んでいる。
The bank is troubled by the increase in bad debts.
その会社は多額の焦げ付きを抱えている。
That company is saddled with a large amount of bad debt.
不良債権 is a more formal financial term for non-performing loans, while 焦げ付き is a slightly more colloquial or vivid expression for a debt that has become uncollectible.
Derived from the verb 焦げ付く (to get burned and stick), metaphorically referring to a debt that becomes stuck and unrecoverable.