Message Font: Serif | Sans-Serif
No. of Recommendations: 2
The accounting definition adds some irony to the context.

You'll have to be a bit less circumspect for those of us that aren't accountants so don't know what the accounting definition is.

FWIW, I find it amusing from what I think of as the "normal" definition - that is that they're "giving" to a charitable organization, when really it seems what they're really doing is getting rid of stuff they don't want and just dumping it with the charity because of the tax writeoff.
Print the post  


In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.