loss on a credit sale; bad debt from credit sales
Business term for a loss incurred when a customer fails to pay for goods or services sold on credit. Often used in accounting or financial contexts.
When losses on credit sales increase, the company's cash flow becomes tight.
This bad debt from credit sales is handled with the allowance for doubtful accounts.
Standard kanji spelling for this business term.
Kana-kanji mixed spelling sometimes seen in less formal business writing.
Compound of 掛け (kake, 'credit') and 倒れ (daore, 'collapse, failure'), literally meaning 'credit collapse'. The term is used in business to describe a loss from unpaid credit sales.