written off


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written off

An aircraft or equipment that has crashed or been involved in an accident and suffered irreparable damage. The aircraft is irretrievable and thus depreciated or taken off the books. The term is also used for an aircraft that is obsolete.
References in periodicals archive ?
Around Rs 12 billion loaned to these families was written off by NBP and UBL on political pressure.
And she was written off by the industry before she even released a disc.
McAllister pointed out that, in this $37 billion deal, $7 billion was initially to be written off as purchased R&D.
Hayden has written off $293,573 in loans to his 1994 gubernatorial campaign and $945,138 in loans to his campaign committee for Prop.
And even if scheduled percentages (rather than straight-line amortization) were used, many practitioners believe the remaining basis could (or at least should) be written off at the conclusion of the lease.
Remember, he's already written off his $313,000 investment as a loss.
The debt of those citizens meeting the required criteria will be written off 100 percent.
MORE than PS70 million in fines imposed by the criminal courts was written off by the Government last year.
ULSTER Bank has written off more than pounds 1billion in loans in the first nine months of this year, figures showed yesterday.
KARACHI, October 25, 2010 (Frontier Star): State Bank of Pakistan convened a meeting of commercial banks and development finance institutions here on Monday to work out a strategy in response to the observations made by the Supreme Court regarding written off loans.
9 billion pounds given to non-financial institutions were also written off during 2009.
ISLAMABAD, February 02, 2010 (Balochistan Times): The State Bank of Pakistan on Tuesday informed the Supreme Court that loans over Rs256 billion were written off during last 38 years.