writing-off of debts
1writing off debts — voiding of outstanding balances, waiving off of a collection of debts …
2direct write-off method — In the USA, the procedure of writing off bad debts as they occur instead of creating a provision for them. Although this practice is unacceptable for financial reporting purposes, it is the only method allowed for tax purposes …
3direct write-off method — In the USA, the procedure of writing off bad debts as they occur instead of creating a provision for them. Although this practice is unacceptable for financial reporting purposes, it is the only method allowed for tax purposes …
4off 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 …
5write off — 1) PHRASAL VERB If you write off to a company or organization, you send them a letter, usually asking for something. [V P to n] He wrote off to the New Zealand Government for these pamphlets about life in New Zealand. [Also V P] Syn: write 2)… …
6write off — phrasal verb Word forms write off : present tense I/you/we/they write off he/she/it writes off present participle writing off past tense wrote off past participle written off 1) a) [transitive] to say officially that someone does not have to pay… …
7write-off — The elimination of a *balance sheet item by direct transfer to an *income statement. For example, an irrecoverable *accounts receivable balance from a *bankrupt customer is normally eliminated by writing off the item to expenses. (In contrast,… …
8Habitat (retailer) — Habitat Type Limited company Industry Retailer Founded 11 May 1964 Founder(s) Terence Conran …
9United Kingdom — a kingdom in NW Europe, consisting of Great Britain and Northern Ireland: formerly comprising Great Britain and Ireland 1801 1922. 58,610,182; 94,242 sq. mi. (244,100 sq. km). Cap.: London. Abbr.: U.K. Official name, United Kingdom of Great… …
10Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… …
