Noun
/bʊk dɛbt/
"Book debt" refers to a recorded obligation in accounting where money is owed or, more generally, a financial liability that is documented. This term is often used in business and accounting contexts to indicate amounts that a company is supposed to receive from debtors. The phrase is less common in everyday spoken English but is frequently used in financial reports and business discussions.
Баланс компании ясно показывает накопленный долг за прошлый год.
To improve cash flow, we need to collect on outstanding book debts.
Чтобы улучшить денежные потоки, нам нужно собрать задолженности по счетам.
The accountant advised recording all transactions related to book debt accurately.
It's important to note that “book debt” itself isn't widely featured in idiomatic expressions; however, terms related to "book" and "debt" do frequently appear in various phrases.
Он решил "сфальсифицировать бухгалтерские записи", чтобы скрыть свои долги. (He decided to "cook the books" to hide his debts.)
"In the red": To be in debt or to have a negative balance.
Мы находимся "в минусе", поэтому нам нужно сократить расходы. (We are "in the red," so we need to cut expenses.)
"Debt of gratitude": A feeling of gratitude that one feels is owed to someone.
У меня есть "долг благодарности" перед теми, кто меня поддерживал. (I have a "debt of gratitude" to those who supported me.)
"Pay one's debts": To settle what one owes.
The term "book" originates from Old English "bōc," meaning "a written document" or "a record," while "debt" traces back to the Latin "debitum," meaning "that which is owed." Together, "book debt" embodies the concept of liabilities that are formally recorded.
Synonyms: - Financial liability - Receivable - Owed amount
Antonyms: - Asset - Credit balance - Surplus