uncollectible

uncollectible
Not to be realized for want of assets subject to execution. Not to be paid voluntarily. Not to be collectible without suit or threat of suit. A creditor's claim is said to be uncollectible when he has failed to receive the amount due after exhausting every effort to collect it, short of sending it to an attorney for collection. Globe & Rutgers Fire Ins. Co. v Lesher, Whitman & Co. 126 Misc 874, 215 NYS 225, 229.

Ballentine's law dictionary. . 1998.

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Look at other dictionaries:

  • uncollectible — by 1833, from UN (Cf. un ) + COLLECTIBLE (Cf. collectible) …   Etymology dictionary

  • uncollectible — adjective not capable of being collected a bad (or uncollectible) debt • Syn: ↑bad • Similar to: ↑invalid * * * I. “+ adjective : not capable of being collected an uncolle …   Useful english dictionary

  • uncollectible — /un keuh lek teuh beuhl/, adj. 1. that cannot be collected: an uncollectible debt. n. 2. something, as a financial obligation, that cannot be collected: an increase in the company s uncollectibles. Also, uncollectable. [UN 1 + COLLECT1 + IBLE] *… …   Universalium

  • uncollectible debt — index bad debt Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • uncollectible — adjective /ʌn.kəˈlɛktɨbl̩/ That cannot be collected …   Wiktionary

  • uncollectible — Synonyms and related words: accounts payable, accounts receivable, amount due, bad debt, bad debts, bill, bills, borrowing, charges, chits, debt, default, defection, delinquence, delinquency, dishonor, dishonoring, due, dues, financial commitment …   Moby Thesaurus

  • uncollectible — adj. not capable of being collected, not capable of being gathered, not capable of being levied …   English contemporary dictionary

  • uncollectible — un·collectible …   English syllables

  • uncollectible — un col•lect′i•ble adj. n …   From formal English to slang

  • uncollectible account — An account which cannot be collected by a company because the customer is not able to pay or is unwilling to pay. Bloomberg Financial Dictionary …   Financial and business terms

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