Sekirov Dictionary

write off

verb 6
write-off noun 2
forms 9

verb6

To reduce the book value of (an asset) to zero.
To remove a portion of a debt or an amount of an account owed, counting it as a loss (as a gesture of goodwill for example).
•
To treat as a write-off, a total loss, especially something damaged beyond economic repair.
- The '800' received substantial collision damage, while the High Speed Train power car was written off. — 2020
•
(figurative) To assign a low value to (somebody or something).
- When Katya was injured, he wrote off the team's chances in the finals.
To record (an expenditure) as an expense.
To record a notional expense such as amortization or depreciation.

write-off noun2

•
The cancellation of an item; the amount cancelled or lost.
- The corporation took a $5 million write-off in the second quarter.
Something that is now worthless (such as a car after an accident).

forms

wrote off · wrote-off · written off · written-off · writing off · writing-off · writes off · writes-off · write-offs

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