Meaning & use

uncollectibility

noun·Advancedformalfinancebusiness

Last updated

UK/ˌʌnkəˌlektəˈbɪləti/
US/ˌʌnkəˌlektəˈbɪləti/

Meanings

  1. noununcountablefinancebusiness

    The state or fact of a debt or account being impossible or very unlikely to be collected.

    Grammar: Used without a/an or a plural; often in phrases like 'the uncollectibility of debts'.

    Patterns

    • the uncollectibility of something
    • uncollectibility of debts

    The bank's report highlighted the growing uncollectibility of loans in the region.

    Auditors raised concerns about the uncollectibility of several large accounts receivable.

    After the recession, the uncollectibility of many small business debts became a major issue.

  2. noununcountableformal

    The quality of being impossible to obtain or gather together.

    Grammar: Used in formal or technical contexts; not common in everyday speech.

    Patterns

    • uncollectibility of something

    The uncollectibility of reliable data made the research difficult.

    Due to the uncollectibility of the scattered documents, the historian could not complete the archive.

Common combinations

uncollectibility of debt
The company wrote off the uncollectibility of debt as a loss.
uncollectibility rate
The uncollectibility rate for credit cards rose sharply last quarter.
risk of uncollectibility
Lenders assess the risk of uncollectibility before approving a loan.
uncollectibility of accounts
The uncollectibility of accounts receivable forced the firm to revise its budget.

Synonyms and how they differ

bad debt
Refers to the specific debt that cannot be collected, while uncollectibility is the abstract quality or state.
irrecoverability
Similar meaning but broader, often used for losses or assets, not just debts.

Opposites

collectibility

Word family

uncollectible adjective
Describing a debt that cannot be collected.
collectible adjective
Able to be collected; opposite of uncollectible.
collect verb
To gather or obtain payment.

Commonly confused: uncollectibility or uncollectable?

uncollectibility vs uncollectable

A less common variant spelling of uncollectible; both mean 'not able to be collected'.

Practice

The auditors were worried about the _____ of the company's overseas debts.

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