Examples of uncollectible in a Sentence

Recent Examples on the Web Furthermore, the share of credit card accounts being charged off — when a bank writes off a seriously delinquent debt as uncollectible — has fallen below 2% for the first time since at least 1985, according to data from the St. Louis Fed. — Bill Hardekopf, Forbes, 5 May 2022 Charge-offs—loans rates as uncollectible—totaled $1.2 billion in Q4 of 2019, and $1.1 billion in Q1 of this year, when the pandemic was just starting to bite. — Shawn Tully, Fortune, 15 Jan. 2021 Moreover, much of this debt is essentially uncollectible: It’s owed by people that likely will never be able to repay much of it. — Alexis Goldstein, The New Republic, 21 Sep. 2020 The agreement will bring the school district $100,000 per year for 30 years, or $3 million, plus a $380,000 settlement on $2.5 million in delinquent taxes now deemed uncollectible. — cleveland, 28 May 2020 That would add up to $3 million over that time span, along with a roughly $380,000 settlement to the schools on $2.5 million in delinquent taxes now deemed uncollectible on the foreclosed property. — Thomas Jewell, cleveland, 10 Dec. 2019 In fiscal year 2019, the state determined about $90 million in debt was uncollectible, across all agencies. — Dave Orrick, Twin Cities, 27 Nov. 2019 That is because uncollectible debt is a fact of life for the industry. — Charley Grant, WSJ, 28 May 2018 But changing trends in retail toward local presence for faster delivery have resulted in the vast majority of large out-of-state online businesses now collecting those previously uncollectible taxes. — Chris Cox, WSJ, 19 Apr. 2018 See More

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'uncollectible.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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