Bad debts definition

Bad debts means amounts considered to be uncollectible from
Bad debts means any portion of a debt related to a sale of local telecommunication services, the
Bad debts means any portion of a debt related to a sale of local telecommunication services, the gross charges for which are not otherwise deductible or excludable, that has become worthless or uncollectible, as determined under applicable federal income tax standards. If the portion of the debt deemed to be bad is subsequently paid, the service provider shall report and pay the tax on that portion during the reporting period in which the payment is made.

Examples of Bad debts in a sentence

  • Bad debts are written off in the period in which they are identified.

  • Bad debts may be deducted only if tax arrears have been written off and recorded in the taxpayer's financial statements.

  • Bad debts for Title XIX of the SSA shall be limited to Title XIX of the SSA uncollectible deductible and copayments and the uncollectible portion of eligible Florida Medicaid recipients' responsibilities.

  • Provided, financial instruments deemed extremely difficult to assess their fair values are not included (please refer to “Note 2” below).(Millions of yen) *1 Notes and accounts receivable-trade, Long-term loans receivable and Bad debts are stated net of each Allowance for doubtful accounts.*2 Derivatives are stated in net of assets and liabilities.

  • Provided, financial instruments deemed extremely difficult to assess their fair values are not included (please refer to “Note 2” below).(Millions of yen) *1 Notes and accounts receivable-trade, Short-term loans receivable, Long-term loans receivable and Bad debts are stated net of each Allowance for doubtful accounts.*2 Derivatives are stated in net of assets and liabilities.


More Definitions of Bad debts

Bad debts means amounts considered to be uncollectable from
Bad debts means uncollectible amounts, excluding contractual adjustments, arising from failure to pay by patients whose care has not been classified as charity care;
Bad debts means those amounts considered to be uncollectible from accounts and notes receivable which were created or acquired in providing covered services that are eligible for payment through Medicaid federal financial participation.
Bad debts means the year-end adjustment to a hospital’s allowance for doubtful accounts due to the non-reimbursement of services rendered to patients from whom reimbursement was expected, resulting in the recording of bad debt expense. Bad debts exclude any financial activity not associated with patient accounts receivable;
Bad debts means claims arising from rendering patient care services that the hospital, using a sound credit and collection policy, determines are uncollectible, but does not include charity care.
Bad debts means amounts considered to be
Bad debts means uncollectible amounts, excluding contractual adjustments, arising from failure to pay by patients whose care has not been classified as Financial Assistance;