The doubtful debt reserve holds a sum of money to allow a reduction in theaccountsreceivableledgerdue to non-collection of debts.
From
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.
Typically the advance rate ranges from 70% ofaccountsreceivableledgervalue up to 90%.
From
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.