charge-off

listen to the pronunciation of charge-off
English - Turkish
(Ticaret) hesaptan çıkarmak
(Ticaret) hesabı kapatmak
kayıttan silmek

Related Terms

drop off charge
(Turizm) bırakma bedeli
charge off
(Fiili Deyim ) 1- kayıp gözü ile bakmak 2- yüklemek , üstüne atmak , isnat etmek
English - English
Alternative spelling of charge off
An accounting transaction that removes a bad debt from a business's accounts receivable
the removal of an account from a loan provider's books When an account is charged off, the loan provider absorbs the outstanding balance as a loss Charge-off is also referred to as Write-off
The processes of writing off sums that have been deemed to be uncollectable
An accounting transaction removing an uncollectible balance from the active receivable accounts
The portion of principal and interest due on a loan that is written off when deemed to be uncollectible
Also known as a profit and loss write-off, a charge-off is an account that was not paid to the extent that the creditor has internally listed it as a loss for tax purposes It does not mean that the creditor will no longer attempt to collect the amount that is owed
>> A delinquent credit account with a balance owed that was never fully satisfied and the creditor removed it from the books for accounting purposes even though the debtor still owes payment in full
The balance on a credit obligation that a lender no longer expects to be repaid and writes off as a bad debt

Related Terms

chargeoff
Alternative spelling of charge off
charge off
A loss that is written off a company's books when a lender determines it will be unable to collect from the debtor
charge off
debt cancellation, cancellation of a debt that cannot be collected
charge off
Same as bad debt
charge off
Accounting term to indicate that the creditor does not expect to collect the balance owed on an account
drop-off charge
a fee added for returning a rented car to a location different from the one where it was rented
charge-off
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