Write-off Definition
rītôf, -ŏf
write-offs
noun
write-offs
A cancellation of a worthless asset from a balance sheet.
American Heritage
Something written off, amortized, etc.
Webster's New World
The amount canceled or lost.
American Heritage
A downward adjustment in earnings or in the value of an asset on account of a loss or expense.
A tax write-off for business expenses.
American Heritage
Alternative spelling of write-off.
Wiktionary
Synonyms:
verb
(accounting) To record an expenditure as an expense.
Wiktionary
(accounting) To record a notional expense such as amortization or depreciation.
Wiktionary
Figuratively, to assign a low value to something.
When Katya was injured, he wrote off the team's chances in the finals.
Wiktionary
Synonyms:
Antonyms:
Other Word Forms of Write-off
Noun
Singular:
write-off
Plural:
write-offs
Write-off Is Also Mentioned In
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