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written-off debt

См. также в других словарях:

  • Debt settlement — Debt settlement, also known as debt arbitration, debt negotiation or credit settlement, is an approach to debt reduction in which the debtor and creditor agree on a reduced balance that will be regarded as payment in full.[1] Debt settlement is… …   Wikipedia

  • Debt restructuring — is a process that allows a private or public company – or a sovereign entity – facing cash flow problems and financial distress, to reduce and renegotiate its delinquent debts in order to improve or restore liquidity and rehabilitate so that it… …   Wikipedia

  • debt — that which is owed. If you borrow money, buy something on credit or receive more money on an account than is owed, you have a debt. Glossary of Business Terms Funds owed by a debtor to a creditor. Outstanding debt obligations are assets for… …   Financial and business terms

  • off the books — Book Book (b[oo^]k), n. [OE. book, bok, AS. b[=o]c; akin to Goth. b[=o]ka a letter, in pl. book, writing, Icel. b[=o]k, Sw. bok, Dan. bog, OS. b[=o]k, D. boek, OHG. puoh, G. buch; and fr. AS. b[=o]c, b[=e]ce, beech; because the ancient Saxons and …   The Collaborative International Dictionary of English

  • Off hand — Hand Hand (h[a^]nd), n. [AS. hand, hond; akin to D., G., & Sw. hand, OHG. hant, Dan. haand, Icel. h[ o]nd, Goth. handus, and perh. to Goth. hin[thorn]an to seize (in comp.). Cf. {Hunt}.] 1. That part of the fore limb below the forearm or wrist in …   The Collaborative International Dictionary of English

  • Off one's hands — Hand Hand (h[a^]nd), n. [AS. hand, hond; akin to D., G., & Sw. hand, OHG. hant, Dan. haand, Icel. h[ o]nd, Goth. handus, and perh. to Goth. hin[thorn]an to seize (in comp.). Cf. {Hunt}.] 1. That part of the fore limb below the forearm or wrist in …   The Collaborative International Dictionary of English

  • Bad debt — A bad debt is an amount that is written off by the business as a loss to the business and classified as an expense because the debt owed to the business is unable to be collected, and all reasonable efforts have been exhausted to collect the… …   Wikipedia

  • 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

  • Bad Debt Recovery — A debt from a loan, credit line or accounts receivable that is recovered either in whole or in part after it has been written off or classified as a bad debt. Because it generally generates a loss when it is written off, a bad debt recovery… …   Investment dictionary

  • Net Charge-Off Rate — The dollar amount representing the difference between gross charge offs and any subsequent recoveries of delinquent debt. The net charge off is often a percentage representing that amount of debt that a company believes it will never collect… …   Investment dictionary

  • bad debt — A debt that is written off and deemed uncollectible ( uncollectible account). Bloomberg Financial Dictionary * * * bad debt bad debt ➔ debt * * *    When a business recognizes that a debt is unlikely to be repaid, the debt is written off as an… …   Financial and business terms

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