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Allowance for Doubtful Accounts
This is an estimation of the amount of receivables that a company does not expect to actually collect, reflecting potential losses due to customers' inability to pay.
Uncollectible
Uncollectible refers to debts or receivables that are deemed to be impossible to collect, often resulting in a write-off by the business.
Maturity Value
The amount that will be received at the end of a bond or other debt instrument's term.
Face Value
The nominal or dollar value printed on a security or currency, representing its legal value.
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