Definition of Chargeoff. Meaning of Chargeoff. Synonyms of Chargeoff

Here you will find one or more explanations in English for the word Chargeoff. Also in the bottom left of the page several parts of wikipedia pages related to the word Chargeoff and, of course, Chargeoff synonyms and on the right images related to the word Chargeoff.

Definition of Chargeoff

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Meaning of Chargeoff from wikipedia

- A charge-off or chargeoff is a declaration by a creditor (usually a credit card account) that an amount of debt is unlikely to be collected. This occurs...
- $2 billion and DIV of $614 million. Under the judgments, deficiencies, and chargeoffs Program (JDC), the RTC established limited partnerships and selected private...
- customer bills. Since consumers usually pay utility bills before any other, chargeoffs have historically been low. RRBs offerings are typically large enough...
- from 8.28%, portending a rise in ****ure chargeoffs. On September 21, 2009, Advanta announced that its chargeoffs had declined to 22.19%; however, 30-day...