charge off

verb

charged off; charging off; charges off

transitive verb

: to treat as a loss or expense
charge-off noun

Examples of charge off in a Sentence

Recent Examples on the Web 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 Defendants still awaiting trial could take tougher stances with prosecutors in plea talks if the Supreme Court takes the charge off the table. Spencer S. Hsu, Washington Post, 10 Apr. 2024 The first came when Alex Morgan got behind the defense and found herself with only the goalie to beat, but Luciana charged off her line to break up the play. Kevin Baxter, Los Angeles Times, 11 Mar. 2024 See all Example Sentences for charge off 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'charge off.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1841, in the meaning defined above

Time Traveler
The first known use of charge off was in 1841

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 17 Sep. 2024.

Legal 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
Last Updated: - Updated example sentences
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