write-off

1 of 2

noun

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 (such as a damaged vehicle) or someone regarded or conceded as a loss

write off

2 of 2

verb

wrote off; written off; writing off; writes off

transitive verb

1
: to eliminate (an asset) from the books : enter as a loss or expense
write off a bad loan
2
: to regard or concede to be lost
most were content to write off 1979 and look optimistically aheadMoney
also : dismiss
was written off as an expatriate highbrow Brendan Gill

Examples of write-off in a Sentence

Verb most critics have already written off that director as a hack incapable of turning out anything but schlock that one blunder will write off to nothing all the goodwill we've been building up
Recent Examples on the Web
Noun
Those additional write-offs helped Trump avoid tax liability for his continuing entertainment riches, as well as his unpaid debt from the tower. Paul Kiel, Fortune, 11 May 2024 Those additional write-offs helped Mr. Trump avoid tax liability for his continuing entertainment riches, as well as his unpaid debt from the tower. Paul Kiel Eric Jason Martin Krish Seenivasan Steven Szczesniak, New York Times, 11 May 2024 That raises the potential of a write-off for part of that debt depending on how Wisconsin & Milwaukee Hotel's finances are restructured. Tom Daykin, Journal Sentinel, 11 Apr. 2024 One reason Gerstein recommends an extension this year: a bonus depreciation write-off used by many small businesses is set to decrease for 2023. Mae Anderson, Quartz, 28 Mar. 2024 The oil and gas industry enjoys nearly a dozen tax breaks, including incentives for domestic production and write-offs tied to foreign production. Lisa Friedman, New York Times, 15 Mar. 2024 Holiday Haunt and Acme v. Coyote, the company saved millions of dollars that would have went to completing and the marketing the movies, on top of collecting hefty tax write-offs. Winston Cho, The Hollywood Reporter, 14 Mar. 2024 As a result, vehicles suffering a collision may be more prone to a total write-off as the repair could cost more than its residual value. José Rodríguez Jr. / Jalopnik, Quartz, 13 Mar. 2024 The Hollywood Reporter first broke the news Nov. 10 that Warner Bros. intended to shelve Coyote vs. Acme for a tax write-off. James Hibberd, The Hollywood Reporter, 29 Feb. 2024
Verb
The private equity firm eventually wrote off its investment in the tower and agreed with its lender to sell the property for roughly $186 million this year. Richard Eisenberg, Fortune, 10 June 2024 That doesn’t mean Wall Street has written off the stock. Andy Kalmowitz / Jalopnik, Quartz, 5 June 2024 Without the women across various industries who came forward, one wonders, would there have been urgency to pursue cases against Jeffrey Epstein and R. Kelly — or would victims’ claims get written off as unreliable or unimportant? Victoria Bekiempis, Vulture, 2 May 2024 Bankruptcy writes off your debts, typically after 12 months, and often involves selling assets such as your car or even your home, added the charity. Marc Shoffman, theweek, 19 Mar. 2024 Although he was first written off as a joke candidate, Zelensky’s popular following propelled him to the presidency and now, after Russia’s invasion of Ukraine, the annals of history. Suzanne Nossel, Foreign Affairs, 29 Feb. 2024 Both individuals and corporations would have been able to write off up to $1 million on their state income taxes. Krista Johnson, The Courier-Journal, 9 Jan. 2024 Had the organization posted more educational material meant to inform voters of where Bean, O’Shea and their opponents stood on policy issues, the public display of support could have been written off as a highlight and not an endorsement, Jones said. Cody Copeland, Fort Worth Star-Telegram, 30 May 2024 Orsted wrote off $4 billion last fall, due largely to costs associated with the cancellation of its two New Jersey projects. Wayne Parry, Fortune, 29 May 2024

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'write-off.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

Noun

1905, in the meaning defined at sense 1

Verb

1678, in the meaning defined at sense 1

Time Traveler
The first known use of write-off was in 1678

Dictionary Entries Near write-off

Cite this Entry

“Write-off.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/write-off. Accessed 23 Jun. 2024.

Kids Definition

write off

verb
1
: to take off the books : enter as a loss or expense
write off a bad debt
2
: to consider to be lost
the candidate has already written off some states
also : dismiss sense 3
wrote off my losing as bad luck

Legal Definition

write-off

1 of 2 noun
ˈrīt-ˌȯf
1
: the elimination of an asset or amount due from the books
2

write off

2 of 2 transitive verb
1
: to eliminate (an asset) from the books : enter as a loss or expense
write off a bad loan
2
: to use as a deduction in calculating taxable income
write off the cost as a business expense

More from Merriam-Webster on write-off

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