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Term of the Day
aged debtors analysis
aged debt
aged fail
Definition
Variation
ageing
schedule
noun
a
list
which
analyses
a
company's
debtors
, showing the
number
of days their
payments
are
outstanding
COMMENT
An ageing schedule shows all the debtors of a
company
and
lists
(usually in descending
order
of age) all the
debts
that are outstanding. The debtors will be shown as: £X at 30 days, £Y at 60 days, £Z at 90 days, etc.
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