Book-keeping action which at one stroke depreciates an asset out of the balance sheet.
(accounting) reduction in the book value of an asset
the act of cancelling from an account a bad debt or a worthless asset
a complete removal of a fixed asset from the balance-sheet
an accounting procedure that removes the outstanding balance of the loan from the Gross Loan Portfolio and from the Loan Loss Reserve when these loans are recognized as uncollectable
Charging an asset amount to expense or loss, for example through the use of depreciation and amortization of assets.
Expenses or deductions that can be used to lower a person's or entity's taxable income. For more information, see the "Investment Property Tax Advantages: Deducting Losses and Depreciation" article in the "Real Estate Investing" section. Yield The net return on an investment. An investment's yield usually takes into account certain expenses. For example, a 1-year Treasury bill may pay guarantee payment of $100 on a $1,000 bill―that's a 10% interest and yield. If the original owner sells this T-bill to another investor for $1,100, that new investor would be receiving a yield of only 9.0909% ($100/$1,100). [Note that interest rates on mortgage loans are often tied to yields of Treasury notes. As these notes get more expensive, their yield and the corresponding mortgage rates go down.] For more information, see the "Interest Rates" article in the "Mortgage Industry" section.
Depreciating an asset to zero in one go. X no entries Y no entries
To remove entirely from the asset book values, as with a bad debt which it has proved impossible to recover; to cancel; to dismiss from consideration.
The act of changing the value of an asset to an expense or a loss. A write-off is used to reduce or eliminate the value an asset and reduce profits.
The write-down of a portfolio companyâ€(tm)s value to zero. The value of the investment is eliminated and the return to investors is zero or negative.
A term signifying how banks deal with debts of which there is no hope of recovery. When a borrower is bankrupt, his bank writes the loans off its balance sheet by reducing its assets by the value of the loan. This means the bank has to make an equal and opposite reduction in the value of its liabilities. Français: Amortissement Español: Pasar a pérdidas y ganancias
Removal of an active lease from the lessor's books due to lessee default.
Charging an asset amount to expense or loss, such as through the use of depreciation and amortization of assets.
a tax-deductible expense caused by uncollected debt or bad investment
In accounting, the process of removing an asset from an organization's books through the expensing process.
Transferring or eliminating an uncollectable account or other asset from the books to an expense or profit and loss account because that asset no longer has any value.
The act of charging an asset amount to expense or loss to reduce or eliminate the value of the asset, which reduces profits. Write-offs are taken in accordance with allowable tax depreciation of a fixed asset, and with the amortization of certain other assets. See: Amortization; Depreciation; Fixed Assets