Net Charge Off - NCO
Bad debt or poor credit quality loans are regularly charged off as bad debt and purged from the books, often on a monthly or quarterly basis. If, at a later date, the company find out it was wrong and part of the debt is actually repaid, the net charge-off can be calculated by finding the difference the gross charge-offs and the repaid debt. A negative value for net charge-offs indicates that recoveries are greater than charge-offs during a particular accounting period. Companies want this number to be low.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
Net Charge-Off Rate — The dollar amount representing the difference between gross charge offs and any subsequent recoveries of delinquent debt. The net charge off is often a percentage representing that amount of debt that a company believes it will never collect… … Investment dictionary
charge — The document evidencing mortgage security required by Crown Law (law derived from English law). A Fixed Charge refers to a defined set of assets and is usually registered. A Floating Charge refers to other assets which change from time to time (… … Financial and business terms
charge — chargeless, adj. /chahrj/, v., charged, charging, n. v.t. 1. to impose or ask as a price or fee: That store charges $25 for leather gloves. 2. to impose on or ask of (someone) a price or fee: He didn t charge me for it. 3. to defer payment for (a … Universalium
Net capital rule — The uniform net capital rule is a rule created by the U.S. Securities and Exchange Commission ( SEC ) in 1975 to regulate directly the ability of broker dealers to meet their financial obligations to customers and other creditors. Broker… … Wikipedia
Net metering in the United States — Main article: Net metering Net metering is an electricity policy for consumers who own (generally small) renewable energy facilities (such as wind, solar power or home fuel cells) or V2G electric vehicles. Net , in this context, is used in the… … Wikipedia
net — what is left after deducting all charges (see gross). Glossary of Business Terms The gain or loss on a security sale as measured by the selling price of a security less the adjusted cost of acquisition. Bloomberg Financial Dictionary … Financial and business terms
Electric charge — SI symbol: Q SI quantity dimension: Q SI unit: coulomb other units: e Derivations from other quantities: Q = I · … Wikipedia
Cash Charge — A typically one time charge off that a firm makes against its earnings as part of a plan to downsize or to improve company efficiency. A cash charge requires an initial outlay of cash. Cash charges are charges that are not expected to be… … Investment dictionary
Shaped charge — Sectioned high explosive anti tank round with the inner shaped charge visible … Wikipedia
London congestion charge — At Old Street, street markings and a sign (inset) with the white on red C alert drivers to the charge. The sign displays the original operating hours for the scheme … Wikipedia
American Head Charge — Жанры ню метал, индастриал метал Годы 1996 2009, 2011 по наст. вр. Страна … Википедия