CHARGE-OFF


Meaning of CHARGE-OFF in English

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 charging off decline in value

Webster's New International English Dictionary.      Новый международный словарь английского языка Webster.