write off

verb

Definition of write off

  1. transitive verb
  2. 1 :  to eliminate (an asset) from the books :  enter as a loss or expense write off a bad loan

  3. 2 :  to regard or concede to be lost most were content to write off 1979 and look optimistically ahead — Money; also :  dismiss was written off as an expatriate highbrow — Brendan Gill

Examples of write off in a Sentence

  1. most critics have already written off that director as a hack incapable of turning out anything but schlock

  2. that one blunder will write off to nothing all the goodwill we've been building up

1678

First Known Use of write off

1678


Law Dictionary

write off

transitive verb

Legal Definition of write off

  1. 1 :  to eliminate (an asset) from the books :  enter as a loss or expense write off a bad loan

  2. 2 :  to use as a deduction in calculating taxable income write off the cost as a business expense



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