From Longman Business Dictionarybad debt recoveryˌbad ˈdebt reˌcovery [uncountable] ACCOUNTINGFINANCEpayment of debts that had been considered unlikely to be paid, or forcing someone, for example in a court of law, to pay a debt they should already have paidItalian banks have been handicapped by the extremely slow legal process for bad debt recovery. → recovery
