write-off

noun
\ ˈrīt-ˌȯf How to pronounce write-off (audio) \

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
wrote off; written off; writing off; writes off

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 aheadMoney 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

First Known Use of write-off

Noun

1905, in the meaning defined at sense 1

Verb

1678, in the meaning defined at sense 1

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Time Traveler for write-off

Time Traveler

The first known use of write-off was in 1678

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Dictionary Entries Near write-off

write off

write-off

write off for (something)

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Cite this Entry

“Write-off.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/write-off. Accessed 17 Sep. 2021.

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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

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

More from Merriam-Webster on write-off

Nglish: Translation of write-off for Spanish Speakers

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