non-business debt
Defined in 1 dictionary — Case Law
Definitions from Case Law
United States Supreme Court
a debt other than a debt evidenced by a security as defined in paragraph (3) and other than a debt the loss from the worthlessness of which is incurred in the taxpayer's trade or business.
Defined by the Supreme Court in Putnam v. Commissioner of Internal Revenue, 352 U.S. 82 (1956).