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Look up: write-off

  1. write off
    [v] - cancel (a debt) 2. [v] - write something fluently, and without hesitation 3. [v] - concede the loss or worthlessness of something or somebody 4. [v] - reduce the estimated value of something
    Found on http://www.webdictionary.co.uk/definitio

  2. Write off
    Write off is a colloquial term for a vehicle which has been declared a total loss by an insurer, either following accident damage or theft. There are some 450,000 accident-related write-offs every year and another 150,000 insurance thefts, many of which are subsequently recovered damaged and re-classified. Many write-offs are legitimately allowed
    Found on http://www.encyclo.co.uk/local/20538

  3. write off
    To cancel a debt, or to acknowledge the loss or worthlessness of an asset. Also to remove an asset or holding entirely from a balance sheet. The reduction in value, or loss, is said to be 'written off'
    Found on http://www.aviva.com/index.html?pageid=6

  4. Write off
    When an investment, such as a loan, becomes seriously delinquent or in default and is determined to be uncollectible, the lender may choose to charge the outstanding investment amount as an expense or a loss.
    Found on http://www.gdrc.org/icm/loan-glossary.ht

  5. write-off
    [n] - reduction in the book value of an asset 2. [n] - the act of cancelling a debt as uncollectible
    Found on http://www.webdictionary.co.uk/definitio

  6. write-off
    noun the act of cancelling from an account a bad debt or a worthless asset
    Found on http://wordnetweb.princeton.edu/perl/web

  7. write-off
    write-down noun (accounting) reduction in the book value of an asset
    Found on http://wordnetweb.princeton.edu/perl/web

  8. Write-off
    Charging an asset amount to expense or loss, such as through the use of depreciation and amortization of assets.
    Found on http://www.duke.edu/~charvey/Classes/wpg

  9. write-off
    Cancellation of part or all of a balance. Costs incurred that have no future utility are charged (written-off) to an expense or loss account, not carried forward as an asset.
    Found on http://www.ais-cpa.com/glosa.html

  10. write-off
    1) accounting process whereby a loan determined to be a worthless asset is removed from the books as an earning asset and charged to the loan loss reserves account. Its book value is written down to zero. 2) process of removing a bad debt or uncollectible loan from the balance sheet....
    Found on http://www.oenb.at/dictionary/termini.js

  11. Write-off
    . The cost of repairing this accident-damaged car exceeds the price of an equivalent replacement car; it is less costly for the insurers to pay for a replacement than to pay for repairs. The term `write-off` describes a reduction in recognized value. In accounting terminology, it refers to recogniti...
    Found on http://en.wikipedia.org/wiki/Write-off



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14 February 2012

This day in history:
/calendar/ February 14 is Valentine's Day. Although it is celebrated as a lovers' holiday today, with the giving of candy, flowers, or other gifts between couples in love, it originated in 5th Century Rome as a tribute to St. Valentine, a Catholic bishop. The first Valentine card grew out of this practice. The first true Valentine card was sent in 1415 by Charles, duke of Orleans, to his wife. He was imprisoned in the Tower of London at the time. Cupid, another symbol of the holiday, became associated with it because he was the son of Venus, the Roman god of love and beauty. Cupid often appears on Valentine cards. read more

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