Examples of 'written-off' in a sentence

Meaning of "written-off"

Written-off (verb): The act of declaring a financial asset or investment as worthless or non-recoverable. This action is typically taken when a company or individual decides that the asset no longer holds any value and removes it from their accounting records

How to use "written-off" in a sentence

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written-off
Overpayments can otherwise be remitted or written-off.
Checks that were written-off on the loans.
Accounts receivable deemed to be irrecoverable are written-off.
Amounts written-off directly to the statement of profit or loss.
Delays in the disposal of written-off assets.
Inventories are written-off to the profit and loss at average cost.
I do not think a deflationary currency is so easily written-off.
Our amendments seeking written-off debts were voted down.
The carrying value of the component replaced is written-off.
Completion of disposal of written-off equipment within three months of approval.
Spare parts previously supplemented from written-off vehicles.
Loans are written-off when the possibility of its repayment is considered to be improbable.
One person was killed and the aircraft was written-off.
Previously these communities were easily written-off as having little economic potential.
Implementation of an improved sales / disposal process in respect of written-off assets.

See also

Discrepancies were reconciled and assets were written-off and disposed of through standard procedures.
No one was hurt but the aircraft was so badly damaged it was written-off.
The majority of their inventory was written-off as a complete loss.
The acquired portfolio includes a large number of loans which are totally written-off.
Recoveries of previously written-off amounts recorded directly to the statement of profit or loss.
He returned from holiday to find his car had been written-off.
Individual programs are written-off when there are no plans to air or sublicense the program.
Information on all items in various categories of assets written-off is summarized in table 3 below.
There were no fatalities and injuries, however the plane was heavily damaged and written-off.
Yolanda and her boyfriend bought two written-off cars from a scrap dealer.
If the loan is considered lost, the related provisions and the loan are written-off.
The programme will transform the written-off liabilities into thirty-year state loans.
The capital cost of many existing coal-fired plants has been written-off depreciated.
Return of amounts previously written-off to the off-balance sheet Reserve utilization.
The higher number was attributable to the inclusion of 5 equipment written-off but pending disposal.
Assets written-off or lost Faulty Normal wear and tear and regular life cycle activity.
Information on all items in the various categories of assets written-off are summarized in table 3.
A written-off fee will be not refunded.
Capital spending has often been allocated separately from current spending and written-off immediately.
Three of the Wirraways were damaged and written-off following the first air raid on Darwin.
Service improvement Implementation of an improved sales / disposal process in respect of written-off assets.
When loans and receivables can not be recovered, they are written-off and charged against impairment allowance.
Written-off assets sold to agencies.
The aircraft successfully returned to base but was subsequently written-off due to fire damage.
Information on all written-off items is summarized in table 3.
This add-back represents the amortization of the deferred revenue that was written-off on acquisition.
Property written-off or stolen.
The Mission is also continuing to dispose of its written-off assets.
Completion of disposal of written-off equipment within 3 months of approval.
The company would then reinstate the account that was initially written-off on August 3.
Written-off vehicles sold.
He has drafted several novels but all have been written-off and passed over by publishers.
Written-off loans are as follows.
BBVA completes its second sale of written-off loans in less than a week.
Written-off assets for destruction as scrap were disposed of in 60 days.

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