1.
credit, claim, receivable
A legal right to receive payment or performance from another party, such as money owed.
債権を回収する。
Collect a receivable.
不良債権の処理が問題になっている。
The handling of bad debts has become a problem.
会社は多額の債権を保有している。
The company holds a large amount of receivables.
債権 is a legal and financial term referring to the right to receive payment.
COMMON EXPRESSIONS:
- 債権者: creditor
- 債権回収: debt collection
- 不良債権: bad debt/non-performing loan
- 債権放棄: debt forgiveness
- 売掛債権: accounts receivable
OPPOSITE TERM:
- 債務: debt, obligation (what you owe)
- 債権者 vs 債務者: creditor vs debtor
Note: 不良債権 became a major topic during Japan's "Lost Decade" economic downturn in the 1990s.