written off cost
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written off — When a vehicle has sustained a severe accident so that it would cost more to repair it than what it is worth, it is said to be written off … Dictionary of automotive terms
off-Broadway — ☆ off Broadway [ôf′brôd′wā΄ ] adj. designating, of, or produced in any theater located outside the main theatrical district in New York City and presenting professional productions that are often unconventional, experimental, low cost, etc. adv.… … Universalium
off-Broadway — ☆ off Broadway [ôf′brôd′wā΄ ] adj. designating, of, or produced in any theater located outside the main theatrical district in New York City and presenting professional productions that are often unconventional, experimental, low cost, etc. adv.… … English World dictionary
Cost of goods sold — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts … Wikipedia
Off the Black — Would you let this man be your father? Directed by James Ponsoldt Produced by Scott Macauley Robin … Wikipedia
write sth off — Ⅰ. UK US write sth off Phrasal Verb with write({{}}/raɪt/ verb (wrote, written) ► ACCOUNTING, FINANCE to accept that an amount of money has been lost, for example, from a bad investment or a debt that will never be paid, and show it as a loss in… … Financial and business terms
write off — verb 1. concede the loss or worthlessness of something or somebody (Freq. 2) write it off as a loss • Hypernyms: ↑admit, ↑acknowledge • Verb Frames: Somebody s something Somebody s somebody … Useful english dictionary
Write-off — The term write off (or write down) describes a reduction in recognized value. In accounting terminology, it refers to recognition of the reduced or zero value of an asset. In income tax statements, it refers to a reduction of taxable income as… … 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
Accelerated Cost Recovery System — (ACRS) An accounting method whereby the cost of a fixed asset is written off for tax purposes over a prescribed period of time. Instituted by the Economic Recovery Tax Act of 1981, and modified by Tax Reform Act of 1986, the system places assets… … Black's law dictionary
Accelerated Cost Recovery System — (ACRS) An accounting method whereby the cost of a fixed asset is written off for tax purposes over a prescribed period of time. Instituted by the Economic Recovery Tax Act of 1981, and modified by Tax Reform Act of 1986, the system places assets… … Black's law dictionary
