write-off

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  • noun

Synonyms for write-off

(accounting) reduction in the book value of an asset

the act of cancelling from an account a bad debt or a worthless asset

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References in periodicals archive ?
Global Banking News-16 July 2009-Bank of America says charge offs on credit cards have increased(C)2009 ENPublishing - http://www.
Annualized net charge offs as a percentage of average-owned receivables declined to 0.
For the collection period ending November 30, 2006, yield, MPR and charge offs registered 16.
31, 2002, CIT's asset quality has improved markedly with delinquencies, nonperforming assets, and net charge offs declining significantly.
Net charge offs for the current quarter are currently estimated at $1,087,000, or 0.