charge-off
C1CEFR level
65/100Rarity: rare
TechnicalRegister
A debt the lender has written off its books as unlikely to be collected.
The charge-off still scarred his credit file for years, even after he eventually settled the balance.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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