Only when the loss is crystallised as unrecoverable is the money finally written off.
The federal government lost millions of dollars a day in unrecoverable tax revenue.
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Companies should largely write off these investments as unrecoverable sunk costs.
Costs are exploding for institutions, and the burden of tuition and room and board is driving families and students into deep and sometimes unrecoverable debt.
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Amex's charge-offs of debt deemed unrecoverable have climbed in a few months from unusually low levels to well above the historic average of 4.8% of balances outstanding.
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Bankers have already had to roll over many of these loans, and, thanks to currency crises and economic collapses, a large proportion will probably end up unrecoverable.
The Czech National Bank, the central bank, estimates that 28% of loans outstanding by the end of September were dubious, and that, of those, half are unrecoverable.
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Alternatively, Russia may simply seek to apply Syria's outstanding debt to future arms purchases -- thereby, bartering away an otherwise unrecoverable debt and helping to preserve the ex-Soviet military-industrial complex.
This was done long after it became apparent that he was an impediment to radical reform in the Soviet Union, not its champion and after it became clear that the loans would prove unrecoverable.
When Cristina Baker and her husband, Jorge Ruz, came upon Hacienda Xcanatun just outside Merida, for instance, there were trees growing out of the walls, and the government's preservation agency had deemed it unrecoverable.
The early use of fracking to get at reserves previously thought of as unrecoverable, shortly after the turn of the 21st century, came about after exploration companies began examining geologic formations using x-ray computed tomography, or CT scanners.
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