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Bad Debt Expense
The estimated amount of accounts receivable that a company does not expect to collect, recognized as an expense on the income statement.
Maturity Value
The amount to be paid to the holder of a financial instrument at its maturity date, including principal and any remaining interest.
Interest
The cost of borrowing money, typically expressed as a percentage of the sum borrowed, or the income earned from lending money.
Aging of Receivables
Aging of receivables is an accounting method used to estimate the amount of a company's accounts receivable that may not be collectible, represented in time categories based on the length of time the invoices have been outstanding.
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