write-off

[US]/ˈraɪt.ɒf/
[UK]/ˈraɪt.ɔːf/

Translation

n.an amount of money that is considered to have no value and is recorded as a loss
v.to cancel a debt or consider something as a loss
Word Forms

Phrases & Collocations

total write-off

write-offs

write-off debt

write-off account

write-off policy

write-off value

consider write-off

asset write-off

Example Sentences

the accountant recommended a complete write-off of the inventory.

the tax code allows for a write-off of charitable donations.

it's important to understand the write-off policy for assets.

the auditor suggested a partial write-off of the accounts receivable.

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