- definition
- dismiss someone or something as insignificant:"the boy had been written off as a nonachiever"
- cancel the record of a bad debt; acknowledge the loss of or failure to recover an asset:"he urged the banks to write off debt owed by poorer countries"
nounwrite-off (noun) · write-offs (plural noun) · writeoff (noun) · writeoffs (plural noun)- financea cancellation from an account of a bad debt or worthless asset.
- a worthless or ineffectual person or thing:"she burns the toast and decides the weekend is a write-off"
- BRITISH ENGLISHa vehicle or other object that is too badly damaged to be repaired:"the passengers were unharmed, but my car was a total write-off"
Similar and Opposite Wordsdefinitionnoun- a worthless or ineffectual person or thing:
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- A write-off is a term used in accounting to describe the reduction of an asset's value or the cancellation of a debt12. A write-off can be done for various reasons, such as unpaid loan obligations, unpaid receivables, losses on stored inventory, or tax deductions12. A write-off can also mean writing something fluently or easily2.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.A write-off is an accounting action that reduces the value of an asset while simultaneously debiting a liabilities account. It is primarily used in its most literal sense by businesses seeking to account for unpaid loan obligations, unpaid receivables, or losses on stored inventory.
www.investopedia.com/terms/w/write-off.aspwrite off
1. write off - concede the loss or worthles ... 2. write off - write something fluently, an ... 3. write off - cancel (a debt) strike down, ... 4. write off - reduce the estimated value o ... www.thefreedictionary.com/write+off Write-off Definition & Meaning - Merriam-Webster
WEBLearn the meaning of write-off as a noun and a verb, with synonyms, examples, and word history. Find out how to use write-off in accounting, tax, and slang contexts.
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Write-Offs: Understanding Different Types To Save on Taxes
Learn what a write-off is and how it affects businesses and individuals. Find out the difference between a write-off and a write-down, and how to use them to lowe…
WRITE SOMETHING OFF | English meaning - Cambridge …
WEBLearn the meaning of write off as a phrasal verb and a noun in different contexts, such as accounting, finance, insurance, and business. Find out how to use write off in …
WRITE SOMETHING OFF definition | Cambridge English Dictionary
WEBLearn the meanings and usage of the phrasal verb write something off in different contexts, such as accounting, finance, insurance, and business. Find out how to …
Write off definition — AccountingTools
WEBDec 5, 2023 · A write off is a reduction in the recorded amount of an asset. A write off occurs upon the realization that an asset no longer can be converted into cash, can …
What Is a Write Off and How Do You Take One? - SmartAsset
WEBMar 21, 2023 · What Is a Write-Off? A write-off is another term for a tax deduction on business income. When businesses report their taxes they do so, broadly speaking, in …
What Is a Write-Off? Definition & Examples for Small …
WEBLearn what a tax write-off is and how it can help you lower your tax bill. Find out which business expenses are deductible and how to report them on your tax return.
Write-off - Wikipedia
WEBA write-off is a reduction of the recognized value of something. In accounting, this is a recognition of the reduced or zero value of an asset. In income tax statements, this is a …
WRITE-OFF Definition & Meaning | Dictionary.com
WEBnoun. a cancellation from the accounts as a loss. an uncollectable account. a reduction in book value; depreciation. Informal. a person or thing that is given up as hopeless or …
Write-off Definition & Meaning | Dictionary.com
WEBa person or thing that is given up as hopeless or pointless: Joe's college career is a write-off.
WRITE OFF definition and meaning | Collins English Dictionary
WEB1 day ago · Learn the meaning and usage of the phrasal verb write off and its noun form write-off. Find out how to write off a debt, a vehicle, a plan, or a person in different …
What is a Write Off? - Definition | Meaning | Example
WEBDefinition: A write off is the process of removing an asset or liability from the accounting records and financial statements of a company. Companies tend to write …
write-off noun - Definition, pictures, pronunciation and usage …
WEBwrite-off (of something) (business) an act of canceling a debt and accepting that it will never be paid. an amount by which the money you have to pay can be reduced You …
What Is a Write-Off? Definition and Examples for Small …
WEBKey Takeaways. Definition of Write-off. The write-Off is an accounting standard that reduces the value of an asset while debiting it from a liability account. It is primarily …
Write-Off vs. Write-Down: What's the Difference in Accounting?
WEBJan 4, 2024 · A write-off reduces the value of an asset to zero and negates any future value. A write-off is typically a one-time event, entered in a company's books …
write-off definition and meaning | AccountingCoach
WEBwrite-off definition. The reduction or removal of an asset amount. For example, an account receivable will be removed or written off if the customer is not able to pay the …
WRITE OFF | meaning - Cambridge Learner's Dictionary
WEBa vehicle that is damaged so badly in an accident that it cannot be repaired: I wasn't hurt, but the car was a complete write-off. (Definition of write off from the Cambridge …
Write-off - Definition, Meaning & Synonyms | Vocabulary.com
WEB(accounting) reduction in the book value of an asset. synonyms: write-down. see more. noun. the act of cancelling from an account a bad debt or a worthless asset. see …
Write-off Definition & Meaning | YourDictionary
WEBWrite-off Definition. A cancellation of a worthless asset from a balance sheet. The amount canceled or lost. A downward adjustment in earnings or in the value of an …
write-off noun - Definition, pictures, pronunciation and usage …
WEB[singular] (informal) a period of time during which you do not achieve anything. With meetings and phone calls, yesterday was a complete write-off. Topics Difficulty and …
Meaning of write-off in accounting (with reasons and examples)
WEBMeaning & Explanation. In layman’s terms, write-off or expense-off simply means disregarding something as insignificant or eliminating something. The term write …
Write off - Definition, Meaning & Synonyms | Vocabulary.com
WEBDefinitions of write off. verb. reduce the estimated value of something. “For tax purposes you can write off the laser printer” synonyms: expense, write down. see more. verb. …
Write off for (something) Definition & Meaning - Merriam-Webster
WEB: to make a request for (something) by sending a letter. She wrote off for a free sample. Examples of write off for (something) in a Sentence.
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WEB3 days ago · Memorial Day began as a way to honor soldiers who died in the American Civil War, which claimed the lives of the most U.S. military personnel in history. Now, the …
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