write-off


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write-off

Informal something damaged beyond repair, esp a car
References in periodicals archive ?
Meanwhile, the senior officials of the SBP apprised the meeting that so far about 41,000 loans write-off cases worth Rs 421 billion were pending in the courts for settlement.
A write-off is an accidentdamaged vehicle that an insurer determines is either beyond repair to expensive to fix.
The protocol on the write-off of the remaining $240 million by the Russian side was signed during the visit of Kyrgyz Ex-President Almazbek Atambayev to Moscow in June 2017.
The instant asset write-off is directly helping small business bottom lines and improving cash flow for small business which means more investment in local communities, higher wages and more local job opportunities, Mr McCormack said.
A substantial portion of this write-off is, however, technical in nature.
In this day and age, vehicles can be repaired to a high standard, but a My Car Check customer survey a couple of years ago found that 79 per cent wouldn't buy a write-off.
Whatever the explanation, they are clearly doing something right in Glasgow and Edinburgh, where the risk of buying a write-off is 10 per cent lower than in London or Birmingham.
The supervisory committee of NLB Tutunska Banka has already made a decision for a debt write-off.
Comparing that, however, with a write-off scenario, where the basis on paid-in-fulls are written down, the dynamics change dramatically.
Do the financial statements disclose adequately the nature of the write-off and, if so, is management's explanation sufficient?
Energy company Energen Corp (NYSE:EGN) reported on Thursday that it will incur a non-cash write-off of USD14.
Dell's increased write-off activity in the past few years is likely evidence that the higher expenses are warranted.