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  • The Financial Encyclopedia
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Mortgage Write-Off

The reduction in the principal of a mortgage loan by the lender (mortgagee). The write-off makes the amount a borrower...

    GWWO

    It stands for goodwill write-off; Goodwill is an asset (intangible asset) whose value is reflected in the amount by which...

      Goodwill Write-Off

      Goodwill is an asset (intangible asset) whose value is reflected in the amount by which the assets of an entity...

        Taking a Bath

        One of the methods of creative accounting that constitutes a host of procedures taken by an entity's management to substantially...

          Big Bath

          One of the methods of creative accounting that constitutes a host of procedures taken by an entity's management to substantially...

            Write-Off

            In relation to debts (liabilities) and receivables/ inventory (assets)- usually associated with credit sales), it is the elimination of the...