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
Synonyms for noncollectable
Antonyms for noncollectable
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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.