write off


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write off

(rīt awf)
An amount deducted from a patient's account balance due to a contracted negotiation or other factor (e.g., pro bono work).
References in periodicals archive ?
Similarly, almost all banks in the US economy experienced extremely high levels of write offs in the years following the financial meltdown of 2006.
I tried to write off my home office, but there was no benefit because my standard deduction was more,'' she said.
A direct donation allows you to give more to the charity, since the 28% capital gains tax isn't levied, and write off a larger amount.
Excluding the write off of diamonds in the third quarter of $250,000, third quarter 2002 loss from operations were ($108,907) compared to ($922,842) for the second quarter ended June 30, 2002.
The write off of goodwill and related intangibles was recorded in accordance with SFAS No.
Koor therefore decided to write off approximately $142 million of the ECI goodwill on Koor's balance sheet, bringing the total value of the investment in ECI on Koor's Balance Sheet down to $372 million, or $11.
Weinbach said, "We are very disappointed that conditions at Bridge have caused us to write off our investment.
Brooks commented, "we will write off our investment in our non-core wound care business.
In conjunction with the termination by the bank of the Acquisition Agreement with Pacific Community Banking Group in September 1999, the bank recorded a pre-tax write off of $216,000 in professional fees and other expenses during the third quarter of 1999.
The company will write off start-up costs associated with the company's Ireland subsidiary totaling $380,000.