Dette and debt: a critical difference
In English the term "debt" is used to mean an amount owed by someone or owed to someone. A company's "debts" are the amounts it owes, but the company can refer to its uncollectibles (money owed to it) as "bad debt." In French, on the other hand, dette is always a liability (an amount that you owe to someone else), and the opposite of dette is créance, meaning is an amount that someone else owes to you, i.e., a "claim," and therefore an "asset." But créance douteuse can be tra
