something, as a financial obligation, that cannot be collected
an increase in the company's uncollectibles
Also: uncollectable
Word origin
[un-1 + collect1 + -ible]un- is a prefix meaning “not,” freely used as an English formative, giving negative oropposite force in adjectives and their derivative adverbs and nouns (unfair; unfairly; unfairness; unfelt; unseen; unfitting; unformed; unheard-of; un-get-at-able), and less freely used in certain other nouns (unrest; unemployment); -ible is a suffix meaning “capable of, susceptible of, fit for, tending to, given to”.Other words that use the affix -ible include: deductible, plausible, reversible, submersible, susceptible
Examples of 'uncollectible' in a sentence
uncollectible
At the end of2007, nearly 16 percent of all mortgage loans were uncollectible in full.
Mizdraković Vule 2016, 'Possible ramifications of introducing the institute of personal bankruptcy: The USAexperience', Zbornik Radova Pravnog Fakulteta u Nišuhttp://scindeks-clanci.ceon.rs/data/pdf/0350-8501/2016/0350-85011672233M.pdf. Retrieved from DOAJ CC BY 4.0 (https://creativecommons.org/licenses/by-sa/4.0/legalcode)