Definitions for write off
write off

Princeton's WordNetRate this definition:0.0 / 0 votes

1. write-off, write-downnoun

   (accounting) reduction in the book value of an asset

2. write-offverb

   the act of cancelling from an account a bad debt or a worthless asset

3. write offverb

   concede the loss or worthlessness of something or somebody

   "write it off as a loss"

4. write offverb

   write something fluently, and without hesitation

5. write offverb

   cancel (a debt)

6. expense, write off, write downverb

   reduce the estimated value of something

   "For tax purposes you can write off the laser printer"

WiktionaryRate this definition:0.0 / 0 votes

1. write offverb

   To reduce an asset's book value to zero

2. write offverb

   To record an expenditure as an expense.

3. write offverb

   To remove a portion of a debt or an amount of an account owed to you counting it as a loss (as a gesture of goodwill for example)

4. write offverb

   To record a notional expense such as amortization or depreciation.

5. write offverb

   Figuratively, to assign a low value to something.

ChatGPTRate this definition:0.0 / 0 votes

1. write off

   A write-off refers to the reduction in the recorded value of an asset, expense or debt due to its irrecoverability or lack of utility. It is the accounting action taken when an asset's value in the market is less than its value in the book, making it a non-collectible or useless asset. A write-off could pertain to bad debt, a non-functioning asset, or any expense that doesn't generate a future economic benefit. After the write-off, the asset, expense or debt will have a net book value of zero in the company's financial records.

Matched Categories

1. • Acknowledge
   • Cancel
   • Write

How to pronounce write off?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say write off in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of write off in Chaldean Numerology is: 5

2. Pythagorean Numerology

   The numerical value of write off in Pythagorean Numerology is: 3

Examples of write off in a Sentence

1. Philippe Le Corre:

   The great China market that was promised... it turns out not to be so attractive to a number of foreign brands, so you can't write off Hong Kong.

2. Olivier Jakob:

   The geopolitical risk is not something to write off.

3. Taylor Robinson:

   It's too big of a write off, they will hold on to them and hope things improve. These are 30-40 year assets.

4. Abbas Barzegar:

   This problem is one that has been given a permission slip by an entire administration and a political culture that turns a blind eye to how toxic this is, it is very easy to write off tweets or rants by a particular political leader, but what we have to recognize is that the rhetoric is now instituted in policies.

5. Chief Executive Officer Jesús Zabalza:

   All I can tell you is that we're very interested, the offer we made was a very good one, we'll only write off our chances when the process is over.

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=write off
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Write_Off
3. ^ ChatGPT
   https://chat.openai.com