Net Charge-Offs definition

Net Charge-Offs means, with respect to any period, an amount equal to the aggregate amount of Charge-Offs for such period less the amount of Recoveries for such period.
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Net Charge-Offs for any period means the aggregate amount of all unpaid payments due under Contracts which have been charged off by the Borrower during such period, as reduced by the amount of all cash recoveries (during such period) with respect to Contracts which had been charged off during previous periods or during such period. In computing the amount of the charge-offs, all charges made to the dealer reserve or to the dealer’s discount shall be included.
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Net Charge-Offs means the aggregate amount of all unpaid payments due under Contracts (other than Permitted Facility Contracts) which have been charged off by the Borrowers during such period, as reduced by the amount of all cash recoveries with respect to Contracts (other than Permitted Facility Contracts) which had been charged off during previous periods or during such period.
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Examples of Net Charge-Offs in a sentence

  • Capital One Financial Corporation (COF) Net Charge-Offs Net charge-offs consist of the unpaid principal balance of loans held for investment that we determine to be uncollectible, net of recovered amounts.

  • Total pre-tax Expenses - Net Write-Offs or Net Charge-Offs] divided by Total Gross Loans Receivables and/or Equity Investment Portfolio.

  • Net Charge-Offs Net charge-offs consist of the amortized cost basis, excluding accrued interest, of loans held for investment that we determine to be uncollectible, net of recovered amounts.

  • Net Charge-Offs to Total Loans0.60%0.50%0.40%0.30%0.20%0.10%0.00%-0.10%Charge-offs The weighted average ratio of net charge-offs to loans and leases improved to negative 0.01 percent for Idaho state-chartered banks, comparing favorably to the national weighted average of 0.30 percent.

  • Net Charge-Offs and Delinquencies Related to Advanta’s Credit 7Card Portfolio and Securitizations3.


More Definitions of Net Charge-Offs

Net Charge-Offs means the aggregate amount of all unpaid payments due under Contracts (other than, for the avoidance of doubt, Permitted Facility Contracts) which have been charged off by the Borrowers during such period, as reduced by the amount of all cash recoveries with respect to Contracts (other than, for the avoidance of doubt, Permitted Facility Contracts) which had been charged off during previous periods or during such period.
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Net Charge-Offs means the total of credit-related losses in excess of recoveries for the unguaranteed portions of SBA 7(a) program loans in the Company’s portfolio for a given period.
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Net Charge-Offs means Principal Receivables which have been charged off (net of bad debt recoveries).
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Net Charge-Offs has the meaning specified in the economics schedule attached as Schedule 1.1(a) hereto.
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Net Charge-Offs means the difference between the sum of the principal and FEES of any TRANSACTIONS which have been charged off less any recoveries, payments or collections on such TRANSACTIONS.
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Net Charge-Offs means, for Matrix Bank and at any time, the sum of its "Gross Charge Offs" minus its "Recoveries," as those items are reflected in its quarterly call reports.
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Net Charge-Offs means the net charge-offs calculated as (a) (****). (****).
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