charge-off
noun see charge off

New Collegiate Dictionary. 2001.

Look at other dictionaries:

  • charge-off — ˈcharge off noun [countable] ACCOUNTING COMMERCE when you lose profit because money that is owed to you will not be repaid: • Charge offs for loan losses were only 0.7% of total loans, about half the average for regional banks. * * * charge off… …   Financial and business terms

  • charge off — {v.} 1. To consider or record as a loss, especially in an account book. * /The store owner charged off all of the last season s stock of suits./ Syn.: WRITE OFF(1). 2. or[charge up] {informal} To accept or remember (something) as a mistake and… …   Dictionary of American idioms

  • charge off — {v.} 1. To consider or record as a loss, especially in an account book. * /The store owner charged off all of the last season s stock of suits./ Syn.: WRITE OFF(1). 2. or[charge up] {informal} To accept or remember (something) as a mistake and… …   Dictionary of American idioms

  • charge-off — Eliminate or write off. Dictionary from West s Encyclopedia of American Law. 2005. charge off Eliminate or write off. Short Dictionary of …   Law dictionary

  • charge off — vt: to treat as a loss or expense; specif: to deduct as a bad debt part of the debt is charged off Code of Federal Regulations Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • Charge-off — A charge off or chargeoff is the declaration by a creditor (usually a credit card account) that an amount of debt is unlikely to be collected. This occurs when a consumer becomes severely delinquent on a debt. Traditionally, creditors will make… …   Wikipedia

  • charge-off — ˈ ̷ ̷ˌ ̷ ̷ noun ( s) Etymology: charge off 1. : the reduction of the value at which an asset has been carried on the books bad debt charge offs 2. : the amount by which an account is reduced by cha …   Useful english dictionary

  • Charge-Off — A term describing an expense on a company s income statement. A charge off will fall under one of the following categories: 1. A debt that is deemed uncollectible by the reporting firm and is subsequently written off. This type will be classified …   Investment dictionary

  • charge off — See: bad debt * * * UK US charge off Phrasal Verb with charge({{}}/tʃɑːdʒ/ verb ► FINANCE to consider as a loss a debt that will probably not be paid: »The company charged off $120 million worth of bad credit card debt in the third quarter …   Financial and business terms

  • charge off — transitive verb Date: 1892 to treat as a loss or expense • charge off noun …   New Collegiate Dictionary

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