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 ?
They informed the committee that the board of directors of the banks were authorized to write-off loans and the banks were bound to show all the details of write-off amount in their annual audit reports.
A category N write-off that has had cosmetic damage repaired will generally be worth around 25 per cent less than a similar vehicle with a clear history.
The protocol assumes a one-time write-off of the Kyrgyz Republic's outstanding debt to Russia in full in the framework of official development assistance to Kyrgyzstan.
As I travel around the country meeting great Australian businesses from Busselton to Bathurst or Port Macquarie to Port Pirie, I am hearing first-hand that the instant asset write-off is the shot in the arm that small business needs.
Even leaving the safety aspect aside, a write-off will usually be worth considerably less than a similar non-accident damaged model.
Social aid beneficiaries, unemployed persons who have been looking for a job for over 12 months and persons subjected to social risk because of death of a spouse or disability will have the right to such write-off.
It is very possible that the facts and circumstances upon the write-off differ considerably from those in existence when the initial recording was made.
This write-off removes from the balance sheet all capitalised unproved leasehold costs associated with Energena[euro](tm)s Alabama shales exploration.
A review of the bad-debt-expense-to-write-off ratio for Cisco Systems (see Exhibit 4) indicates the relationship between bad debt expense and write-offs has been highly erratic.
Cover firms put damaged write-off vehicles into four categories, and most will fall into category C or D, meaning the insurance company felt it uneconomical to repair.
Consistent with other issuers of credit cards, we saw continued deterioration in delinquency and write-off performance during the quarter.
HPI director Daniel Burgess, says: "Unscrupulous private sellers will sell a write-off to make a quick profit.