What is another word for charge-off?

Pronunciation: [t͡ʃˈɑːd͡ʒˈɒf] (IPA)

Charge-off is a financial term that refers to the removal of a debt from a company's balance sheet. This term is broadly used in the accounting and finance industry. However, there are different words one can use in place of charge-off, depending on the context. For instance, one can use "write-off," "default," "bad debt," or "uncollectible" to convey the same meaning. The term "write-off" is commonly used in accounting when a non-collectible debt is removed from a company's financial records. Meanwhile, "default" is used when a borrower has failed to repay their debt. On the other hand, "bad debt" and "uncollectible" refer to a non-performing or lost debt that is likely to go un-recovered.

What are the paraphrases for Charge-off?

Paraphrases are restatements of text or speech using different words and phrasing to convey the same meaning.
Paraphrases are highlighted according to their relevancy:
- highest relevancy
- medium relevancy
- lowest relevancy

What are the hypernyms for Charge-off?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Word of the Day

Public Health Service US
The Public Health Service US is a healthcare organization that aims to improve the health and well-being of Americans. However, there are some antonyms that can be associated with ...