write-off

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Write-off

Charging an asset amount to expense or loss, such as through the use of depreciation and amortization of assets.

Write-Off

A reduction in an individual's or a company's income as the result of an expense. For example, an unpayable credit sale may be a write-off for the creditor, especially if the debtor declares bankruptcy. The bankruptcy means that the debtor is unable to pay the debt, which results in a loss of income for the creditor. A write-off may usually be deducted from one's taxable income.

write-off

To take an asset entirely off the books because it no longer has any value.If an accrualbasis taxpayer has taken money into income when bills were sent out to customers,but then some of the bills became uncollectible, the taxpayer may write off the uncollectible ones as a deduction against income. Financial institutions are required to write off loans when they become delinquent by a certain amount.

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Allowance Method Bad Debt charge off Dar baixa Depreciation Tax Shield Pasar a perdida Publication 1542 Qualified Residence Recovery Period residence Short-Term Capital Loss Sum of Years Digits SYD tax benefit rule Tax Break Write Down Write Off write-down Writedown			He added the bank has opted to increase the write-off provisions owing to the nature of the current economic period, while announcing unrealised losses arising from the write-off provision for the third quarter amounting to BD1. BIsB increases provisions for bad debts by Gulf Weekly The Prime Minister said the economic assistance program for Afghanistan is being considered now in exchange for write-off the country's debts. Kyrgyzstan holding talks with Turkey on US$40 mln write-off - PM ... by AKIpress News Agency It is now understood that the write-off is likely to be up to £600m - meaning Homebase will have a book value of £300m-£400m, compared with the £900m HRG paid for it in 2002. Homebase value to be slashed by guardian.co.uk / guardian.co.uk			Worthless Security WOW Wrap Account Wrap Fee Wrap-Around Mortgage Wraparound Wraparound Annuity wraparound mortgage Wright Brothers Wrinkle Wrinkled Wrinkles Writ Writ of Attachment writ of certiorari writ of ejectment Writ of Error writ of execution Writ of Seizure and Sale Write Write Down Write Off Write Out Write-Back write-down write-off Writedown Writeoff Writer Writeup Writing Writing Cash-Secured Puts Writing Naked Writing puts to acquire stock Writing-Down Allowance Written-Down Value Wrong-way risk Wrongful Act Wrongful Death Wrongful Dishonor Wrongful Dismissal Wrongful Termination Clause Wrongful Termination Lawsuit WS WST WT WTI WW WYSIWYG WYSIWYP X			write up write up write up Write Ups Write What You Can Write Your Own Write Your Own Caption Write-Ahead File System Write-back Write-back Write-back Write-Backs Write-Backs write-down write-down write-down write-down write-down write-downs write-downs write-downs write-downs write-in Write-in ballot Write-in campaign write-in candidate Write-in candidates Write-In Vote write-ins Write-Many, Read-Many write-off Write-Off Voucher write-offs write-offs write-offs write-offs Write-On Consulting Firm Write-Once Read-Many Write-Once, Read-Many Write-Once, Read-Many Write-only Write-only code Write-only language Write-only memory Write-only memory Write-Out Write-Out Write-Outs Write-Outs write-protect write-protect Write-Protect Hard Disk write-protected write-protecting Write-protection Write-protection write-protects Write-through Write-Through with Deferred Update Write-thru Write-thru

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write-off