write-off

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Related to Writedown: Writeoff, Goodwill writedown

write-off

Informal something damaged beyond repair, esp a car
References in periodicals archive ?
They are facing charges of market manipulation and submitting false or misleading information with regard to publishing an interim financial report in November 2011 in which they omitted to include a goodwill writedown of AaAaAeA@1/4330m for Marfin Popular Bank's -- as Laiki was th known -- operations in Greece.
Credit Suisse has reported a huge loss related to writedowns in Q4.
Bendine said a writedown is to be expected in fourth-quarter audited results which Petrobras must provide the market by the end of June or face default on more than $50 billion of bonds.
Some investors may find the figure on the Xstrata writedown "somewhat jarring, especially given management rhetoric on capital allocation," Bank of America Merrill Lynch analyst Jason Fairclough wrote on Tuesday in a note to clients.
Schaeuble was quoted as saying "it's certain, however, that there will be no second debt writedown for Athens.
15 May 2013 - German steel producer ThyssenKrupp AG (ETR:TKA) took a writedown of EUR683m (USD883.
Many factors need to be taken into consideration when calculating how much of a writedown you need.
Cyprus has dismissed as unfounded suggestions that the International Monetary Fund is seeking a debt writedown before it agrees to participate in a multi-billion euro bailout and European policymakers have rushed to do the same.
6 billion of writedowns to try to draw a line under ill-fated deals.
The company's 2011 net income to June fell from $375m to $268m, and a further $217 of the writedown was accounted for by the decision to sell its US marine energy business, which was recently a victim of accountancy fraud.
4m [pounds sterling] Q2 loss despite smaller operating profit, as a larger proportion of the Greencore writedown impacted that quarter.
9 billion writedown on risky assets, which contributed to the first-half loss, had been a chastening experience.