write-off

noun

\ˈrīt-ˌȯf

\

Definition of write-off

(Entry 1 of 2)

1 : an elimination of an item from the books of account

2a : 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

verb

Definition of write off (Entry 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 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

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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

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Dictionary Entries near write-off

write-in campaign

write off for (something)

Statistics for write-off

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Time Traveler for write-off

The first known use of write-off was in 1678

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More Definitions for write-off

write-off

noun

\ˈrīt-ˌȯf\

Legal Definition of write-off

(Entry 1 of 2)

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

2 : tax write-off

write off

transitive verb

Legal Definition of write off (Entry 2 of 2)

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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