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>

1889

First Known Use of write off

1889


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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