Business terms and jargon explained. Your business dictionary

What is Write-off

This is were an asset value is reduced to zero. This can be a fixed asset or a current asset. E.g a debtor can not pay and the amount is not recoverable. This amount is written off the balance sheet and charged in the profit and loss account.

<- Go Back
Business Terms Home page

Search jargon and terms database to learn more:-

A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z


Search Term   

Leave of the court Sub nomine NAIRU Voir Dire
INGO High Credit Procurator Qualification period
N294 Civil Court form To adduce IaaS Payback
Account payee Auction AMOGA Warrant of arrest
AVC Elephant Hunt Assignor Tax Shift
Cheque Clearing Unitholder Annuity Inti
De jure Publicist Purchasing economies LAN
Consumer N9B Civil Court form Credit Institution Market share
Melt Value Cryptocurrency N325 Civil Court form EEMEA
Blue Chip Warrant DNS Annual exemption

Term created / updated 2009-03-19 11:53:36

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms, and to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.

Copyright © 2004-2019 Scopulus Limited. All rights reserved.