write-off
write–off
noun \ˈrīt-ˌȯf\Definition of WRITE-OFF
1
: an elimination of an item from the books of account
2
a : a reduction in book value of an item (as by way of depreciation) b : a tax deduction of an amount of depreciation, expense, or loss
3
chiefly British : something (as a damaged vehicle) or someone regarded or conceded as a loss
First Known Use of WRITE-OFF
1905
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