BNET Business Dictionary
Business Definition for: Write Off
- a reduction in the recorded value of an asset, usually to zero
Wiktionary Definition for: Write Off
- #REDIRECT write-off
Additional Resources
- CHINA MOBILE FACES WRITE-OFF
- AsiaInfo Services 06-04-2002 China Mobile Faces Write-off CHINA, Jun 04, 2002 AsiaPort via COMTEX -- China Mobile Hong Kong Ltd., China's biggest mobile-phone operator, will have to write off more than 40 billion yuan (US$4.8 billion) over AsiaInfo Services...
- Research articles 2002-06-04
- pounds 143m write-off for Premier shrugs off problems
- PREMIER OIL chief executive, Charles Jamieson, yesterday shrugged off both the impact of a pounds 143m write-off and the attacks of a pressure group demanding that the group pull out of Asia. The write-off was caused by the requirements of accounting standard FRS11, which forces companies such as...
- Research articles 1999-03-25
- Air NZ write-off ends Ansett pain.
- Aug 28, 2002 (The West Australian - ABIX via COMTEX) Air New Zealand NZ has reported a net loss of $NZ319m for 2001-02, including a $NZ389m write-off in relation to Ansett Australia. The 30 June 2002 write-down takes the NZ airline's total write-off of...
- Research articles 2002-08-28
- DoCoMo to write off AT&T investment.
- NEW YORK--To comply with new accounting regulations, NTT DoCoMo is likely to write off as much as $5.3 billion of its $9.8 billion investment in AT&T Wireless Services Inc. when the Japanese carrier's fiscal year ends March 31. "If a ...
- Research articles 2002-04-01
- Orange, Calif., Drug Distributor Takes Write-off on Underperforming Units.(Knight Ridder/Tribune Business News)
- Jul. 27--ORANGE, Calif.--Drug distributor Bergen Brunswig Corp. stepped out from under the financial shadow of two poorly performing divisions Tuesday by taking a $251 million write-off on the units, which it has announced it will sell. Jul. 27--ORANGE, Calif.--Drug distributor Bergen Brunswig Corp. ...
- Research articles 2000-07-26
- Bombardier Announces the Write-Off of its Investment in Metronet.
- MONTREAL, QUEBEC, Jul 16, 2007 CCNMatthews via COMTEX -- Bombardier (TSX:BBD.A)(TSX:BBD.B) announced today its decision to write-off its investment in Metronet following the release of the Public-Private Partnership PPP Arbiter's draft directions MONTREAL, QUEBEC, Jul 16, 2007 CCNMatthews via COMTEX -- Bombardier (TSX:BBD.A)(TSX:BBD.B) announced today...
- Research articles 2007-07-16
- IRS challenges agent tax write-off. (Internal Revenue Service)
- IRS Challenges Agent Tax Write-Off WASHINGTON - The Internal Revenue Service has refused to retract a coordinated issue paper suggesting that auditors, in most cases, disallow the amortization of insurance expirations when they are transferred throuIRS Challenges Agent Tax Write-Off WASHINGTON...
- Research articles 1991-01-14
- KOREA'S HYNIX SHAREHOLDERS APPROVE 21-TO-1 WRITE-OFF.
- SEOUL, Feb 25 Asia Pulse - As expected, shareholders of troubled Hynix Semiconductor Inc. passed a 21-to-1 share write-off plan at their regular meeting Monday. SEOUL, Feb 25 Asia Pulse - As expected, shareholders of troubled Hynix Semiconductor Inc. passed a 21-to-1 share write-off...
- Research articles 2003-02-25
- Eli Lilly Likely to Write Off $4.1 Billion Paid for Drug Distribution Unit.(Originated from The Indianapolis Star and News)
- Jun. 6--Eli Lilly and Co. probably will write off a big chunk of the $4.1 billion it paid for a drug distribution unit three years ago, a newspaper reported Thursday. Jun. 6--Eli Lilly and Co. probably will write off a big chunk...
- Research articles 1997-06-06
- KYRGYZSTAN: IMF TO WRITE OFF PART OF KYRGYZSTAN'S DEBTS.(Brief Article)
- Bakiev also told parliament on 20 November that the IMF has agreed to write off or reschedule an unspecified part of Kyrgyzstan's foreign debt, RFE/RL's Bishkek bureau reported. ... Bakiev also told parliament on 20 November that the IMF has agreed to write off or reschedule...
- Research articles 2001-11-26
- China Mobile to Write off as Much as $362.5 Million for Old Network.(Credit Lyonnaise Securities reports on China Mobile (Hong Kong) Ltd.'s management strategy)(Brief Article)(Statistical Data Included)
- China Mobile Hong Kong Ltd., the nation's biggest mobile-phone operator, plans to write off as much as RMB 3 billion (US$362.5 million) as it shuts down some old wireless networks this year, Credit Lyonnais Securities said in a report after meeting China Mobile Hong Kong Ltd.,...
- Research articles 2001-02-01
- News facing $13bn write-off.
- Apr 03, 2002 The Australian Financial Review ABIX via COMTEX -- News Corporation may have to write off $US7 billion ($A13.1bn) on its disastrous Gemstar investment. While the Australian-listed mass media group has already flagged a write-off of $US2 billion on Gemstar, it would...
- Research articles 2002-04-03
- Japan's top four banks to write off $85bn.
- Apr 03, 2002 The Sydney Morning Herald ABIX via COMTEX -- Japan's top four banks are expected to write off more than Y6 trillion ($A85 billion) in bad loans in the year to March 2002. According to a newspaper report published on 3 April...
- Research articles 2002-04-03
- Non-Cash Write-Off Leads to Net Loss for South Carolina Ports Authority.
- By Jim DuPlessis, The State, Columbia, S.C. Knight Ridder/Tribune Business News Aug. 15--The S.C. State Ports Authority's decision to write off its studies of an expansion on Daniel Island put the agency in the red for the first time in 16 years....
- Research articles 2002-08-15
- Turner Broadcasting Took $109 Million Write-Off in Its Final Quarter.(Originated from The Atlanta Journal and Constitution)
- ATLANTA--Nov. 20--Turner Broadcasting System Inc. took a $109 million write-off for its entertainment group in its final quarter as a public company, according to documents filed Monday. The write-off in Turner Broadcasting's third quarter was revealed in a 10Q filing with...
- Research articles 1996-11-20
- Air NZ slashes another $287 million in Ansett write-off.
- Mar 8, 2002 The Age ABIX via COMTEX -- Air New Zealand's NZ total write-offs on the failed Ansett Australia have skyrocketed to $NZ1.67bn in total. On 7 March 2002, the NZ airline posted a $NZ349.7m ($A287m) write-off on Ansett as part of its...
- Research articles 2002-03-07
- Therma-Wave, Inc. Announces Write Off of Goodwill
- Business Editors FREMONT, Calif.--BUSINESS WIRE--Oct. 18, 2002 Therma-Wave, Inc. (Nasdaq:TWAV), a worldwide leader in the development, manufacture and sale of process control metrology systems used in the manufacture of semiconductors, today announced that it will record a non-cash impairment charge of $65.9 million to write off goodwill and...
- Research articles 2002-10-18
- How To Write Off Your Startup Costs
- One of the basic financial principals of being in business is your revenues can be offset against your expenses. Sure, some expenses, like meals and entertainment, may be only partially deductible. Other expenses may have to be written off, or "Depreciated," over a period of years. But the basic fundamental...
- White papers
- Consolidated Results For The Second Quarter And The Six-Month Period Ended September 30, 1994; Sony Makes Accounting Change Leading To Goodwill Write-Off
- NEW YORK--BUSINESS WIRE--November 17, 1994 --Sony Corporation announced today as part of its second quarter financial statement that it has written off $2,706 million (265 billion yen) of goodwill (reported on the Company's consolidated balance sheet) associated with the acquisition of Columbia Pictures in 1989. The write-off resulted from...
- Research articles 1994-11-17
- Too Soon to Write Off Microsoft
- My colleague Michael Hickins seems ready to consign Microsoft to the dust heap. He's certainly right that the last quarter was grim and that Microsoft has some serious problems, including the long over reliance on Windows and Office as its cash cows. But it's easy to over react to the...
- Blog posts 2009-04-26
