- uncollected un‧col‧lect‧ed [ˌʌnkəˈlektd◂] adjectivedebts, payments etc that are uncollected have not yet been paid:
• There is the additional cost of uncollected debts which must be written off each year.
• uncollected taxes
* * *uncollected UK US /ˌʌnkəˈlektɪd/ adjective TAX, BANKING► not paid: »
The company was told it owes $1 million in uncollected sales taxes.»
Eventually, uncollected bills for the uninsured get paid for by taxpayers or through higher insurance premiums.
Financial and business terms. 2012.