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charge-off

[chahrj-awf, -of] /ˈtʃɑrdʒˌɔf, -ˌɒf/
noun
1.
a writeoff, especially of a bad loan by a bank.
Also, chargeoff.
Origin
charge + (write)off
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for charge-off
  • The charge-off should be taken by the end of the month in which the applicable time period elapses.
  • Indicates if charge-off resulted from a loan modification or restructure during reporting period.
  • Returning a loan with a partial charge-off to accrual status.

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12
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