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

First Known Use of write-off

1905


write off

verb

Definition of write 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 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

First Known Use of write off

1678


British Definition of WRITE-OFF

write-off

noun

British Definition of write-off

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

Law Dictionary

write-off

noun \ ˈrīt-ˌȯf \

legal Definition of write-off

1 :the elimination of an asset or amount due from the books

write off

transitive verb

legal Definition of write off

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


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