Examples of charge off in a Sentence
Recent Examples on the Web
But here’s the kicker: The amount of credit card debt that U.S. banks have charged off (see net charge-off) has increased by an alarming 189%.
—
Ivan Illan, Forbes, 23 Oct. 2024
Interest is charged off the higher balance going forward.
—Next Avenue, Forbes, 11 Oct. 2024
However, there are reportedly high charge off rates hampering the deals (other companies, such as Ally, are also noting an increase in payment delinquencies).
—Jj Kinahan, Forbes, 11 Sep. 2024
Eventually, the debt can be charged off and may be turned over to a debt collector.
—Nerdwallet, Orange County Register, 11 July 2024
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Ivan Illan, Forbes, 23 Oct. 2024
Interest is charged off the higher balance going forward.
—Next Avenue, Forbes, 11 Oct. 2024
However, there are reportedly high charge off rates hampering the deals (other companies, such as Ally, are also noting an increase in payment delinquencies).
—Jj Kinahan, Forbes, 11 Sep. 2024
Eventually, the debt can be charged off and may be turned over to a debt collector.
—Nerdwallet, Orange County Register, 11 July 2024
See all Example Sentences for charge off
Dictionary Entries Near charge off
Cite this Entry
“Charge off.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/charge%20off. Accessed 30 Nov. 2024.
Copy CitationLegal Definition
charge off
transitive verb
: to treat as a loss or expense
specifically
: to deduct as a bad debt
part of the debt is charged off —Code of Federal Regulations
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