Advertisement - Continue reading below

Definition of "uncollectable" []

  • Alternative form of uncollectible. (adjective) : Text is available under the Creative Commons Attribution-ShareAlike License

Use "uncollectable" in a sentence
  • "If the lump sum feels like a windfall or a bonus to you -- say you won a Lotto ticket, you found a few Ben Franklins on the sidewalk, or a customer whose bill you had classified as uncollectable suddenly pays you in full -- then you will probably be more inclined to take risks with that money."
  • "Report Abuse I think how it went down is as follows: Citibank was required, as all banks are, to recognize on the books that a certain % of their outstanding mortgage loans would ultimately become "uncollectable" - monies lent to customers would not be paid back for whatever reason."
  • "These are debts that original creditors have written off as "uncollectable," but that doesn't mean that a debt collection agency won't try to collect."