From Longman Business Dictionarybad debt provisionˌbad ˈdebt proˌvision [countable]ACCOUNTING amounts in a company’s accounts showing the likely level of bad debts in a particular period of time that will have to be taken away when calculating profitsSYNbad debt reserves AmEPhoenix Technologies said its loss widened in the third quarter, partly because of an increase in bad debt provisions. → provision
