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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 ?
DCR believes that the master trust has sufficient credit enhancement to withstand such a potential increase in charge offs such affirmed accounts represent, even under worst case assumptions.
Specifically, the complaint charges that defendants misrepresented the Company's credit quality remained stable throughout the quarter and that its charge off rate for bad loans would be between 10% and 10.
Excluding the $796,000 estimated charge off related to the one large credit, net charge offs for the third quarter are estimated to be approximately $291,000, or 0.
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.