write-off

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write-off

Informal something damaged beyond repair, esp a car
References in periodicals archive ?
Net loan charge-offs for the nine months ended September 30, 2014 were USD 45,000, compared to USD 679,000 in net loan charge-offs for the nine months ended September 30, 2013.
Net Charge-Offs as a Percentage of Total Loans and Leases
Thus, a positive adjustment will occur to the extent the company's tax deductions for partial worthlessness for years prior to the adjustment year are less than its SSAP 43R credit-related impairment charge-offs, and a negative adjustment will occur to the extent the tax deductions were greater than the book charge-offs.
At Capital One's US card business, net charge-offs declined to 3.
The latest report found bank loan charge-offs had decreased on an aggregate basis for five straight quarters, reaching 2.
We estimate rated US banks have recognised over two-thirds of the aggregate loan charge-offs that they will realise from 2008 to 2011," said Young.
Credit card charge-off rates dropped last quarter, after reaching their highest level in at least 25 years.
Bob DiGennaro, senior vice president of collections and recovery-Americas at private-label retail credit card provider GE Consumer Finance, said the company saw a dip in total charge-offs and bankruptcy filings in the first quarter, adding that it is too early to disclose specific figures.
QA I am starting the process of clearing a couple of charge-offs from my credit report, and I have drafted a letter I would like to send to my creditors stating that I will pay them a lump sum if they remove the negative listing.
Higher charge-offs end a related increase in its allowance for loan losses and slightly lower sales than expected were given as the reason for the revision.
GAO found substantial delinquencies and charge-offs of Army travel-card accounts during fiscal year 2001, and delinquencies continued into the first half of fiscal year 2002.
The final category of problem-loan data discussed is loan charge-offs.