1.
credit, claim, receivable
A legal right to receive payment or performance from another party, such as money owed.
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
Note: 不良債権 became a major topic during Japan's "Lost Decade" economic downturn in the 1990s.