write-off

(redirected from Charge off)
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write-off

Informal something damaged beyond repair, esp a car
References in periodicals archive ?
Shichijo's remarks appear to show that the LDP wants to slow down FSA efforts to encourage banks to charge off bad loans at the risk of aggravating the credit crunch.
This marked the seventh consecutive quarterly improvement in the charge off rate, and the lowest level since second-quarter 1996.
However, a taxpayer is not required to annually charge off and deduct partially worthless debts.