noncollectable

[non-kuh-lek-tuh-buhl]

noncollectable Definition

not capable of being collected, especially a debt that cannot be recovered.

Using noncollectable: Examples

Take a moment to familiarize yourself with how "noncollectable" can be used in various situations through the following examples!

  • Example

    The company wrote off the noncollectable debt.

  • Example

    The debt was deemed noncollectable by the bank.

  • Example

    The account was marked as noncollectable after multiple attempts to recover the funds.

noncollectable Synonyms and Antonyms

πŸ“Œ

Summary: noncollectable in Brief

The term 'noncollectable' [non-kuh-lek-tuh-buhl] refers to something that cannot be collected, especially a debt that cannot be recovered. It is often used in financial contexts, such as when a company writes off a noncollectable debt or when an account is marked as noncollectable after multiple attempts to recover the funds.