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  2. The difference between a write-off and a waive-off is12345:
    Learn more:
    Write-off: When a lender writes off a bad debt, they are essentially removing it from their books. This means the borrower is no longer liable for repaying the debt. Waived-off: When a lender waives off a bad debt, they are forgiving the debt and essentially absolving the borrower of any responsibility to repay it.
    www.indifi.com/blog/difference-between-write-off-a…
    Although the two terms may seem confusing at first, the biggest difference is that after a loan waive-off, the chances of repayment are zero whereas after writing off loans, the borrower is still obligated to pay. Loan waivers and write-offs always refer to the future standing of defaulted loans.
    navi.com/blog/loan-write-off-vs-loan-waive-off/
    There are a few critical differences between write-offs and waive-offs. Most notably, a write-off is a permanent reduction in the value of an asset, while a waiver is a temporary relinquishment of a right or privilege. Write-offs typically occur when a purchase is damaged beyond repair or no longer has any value.
    khatabook.com/blog/write-off-vs-waive-off/
    A loan waiver is, therefore, a capital loss for the lender. When borrowers fail to repay their loans, probably due to bankruptcy, the lender writes them off in order to clear their balance sheet. Writing off loans is an operational loss for the lender, and is shown as a loss in their P&L Statement.
    corporatefinanceinstitute.com/resources/valuation/…
    Hence, the major difference is that loan waive-off is something where the loan-taker is released from the burden of paying back the loan amount, while in the case of loan write-off; the financial institute still has hopes to get back the loan amount from the person who has taken loan but has not returned it back.
    www.bankersadda.com/difference-between-write-of…
     
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