It is a term used by credit card companies to indicate they are ending attempts to collect the debt. Then they list it as a bad debt tax loss. This does not mean the account holder is "off the hook". More than likely the account will be bought for pennies on the dollar by a third party collector. The REAL collection process will start, which may, if the debt is not satisfied, culminate in a lawsuit.
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Chargeoff means that you did not satisfy debt, and the company took the lost.This is placed on your credit as debit being owed and charged-off.
No, but sometimes "average" means "mean" - when it doesn't mean median, geometric mean, or something else entirely.
The answer will depend on who you mean by HE.The answer will depend on who you mean by HE.The answer will depend on who you mean by HE.The answer will depend on who you mean by HE.
See mean-8. Or get a dictionary.
There is no statistical term such as "deviation mean".
No, the geometric mean is not the same as the mean of two numbers.