What does write-off mean?
Definitions for write-off
write-off
This dictionary definitions page includes all the possible meanings, example usage and translations of the word write-off.
Princeton's WordNet
write-off, write-downnoun
(accounting) reduction in the book value of an asset
write-offverb
the act of cancelling from an account a bad debt or a worthless asset
write offverb
concede the loss or worthlessness of something or somebody
"write it off as a loss"
write offverb
write something fluently, and without hesitation
write offverb
cancel (a debt)
expense, write off, write downverb
reduce the estimated value of something
"For tax purposes you can write off the laser printer"
Wiktionary
write-offnoun
The cancellation of an item; the amount cancelled or lost
write-offnoun
Something that is now worthless (such as a car after an accident)
Wikipedia
Write-off
A 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 reduction of taxable income, as a recognition of certain expenses required to produce the income.
ChatGPT
write-off
A write-off refers to the reduction in the recognized value of an asset. It is an accounting action taken when an asset is deemed uncollectible or non-operational, reducing its book value to zero. This can be due to irrecoverable debt, physical damage, obsolescence, or lack of potential income or usefulness. Write-offs can often be used as a tax deduction to reduce a company's taxable income.
Wikidata
Write-off
Something is written-off when its recognized value is reduced. In accounting, this is a recognition of the reduced or zero value of an asset. In income tax statements, this is a reduction of taxable income as recognition of certain expenses required to produce the income.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of write-off in Chaldean Numerology is: 5
Pythagorean Numerology
The numerical value of write-off in Pythagorean Numerology is: 3
Examples of write-off in a Sentence
Democrats learned a lot of lessons, but the most important lesson is we write off no place in the country, i'm weary of Democrats that say you only talk to progressives to win and excite the base.
Labour Party leader Jeremy Corbyn:
In the 2017 election, there were queues of experts ... lining up at the beginning of the campaign to write off the Labor Party, and what happened then?
Labor has been divided for such a period that you just write off the next general election even under Owen Smith ... he has had the backing of the parliamentary Labor Party but then what will Momentum do?, in any scenario it is going to be a long, hard struggle, and before it gets better I think it will get worse for the Labor Party ... It is not a pretty prospect.
The geopolitical risk is not something to write off.
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.
Translations for write-off
From our Multilingual Translation Dictionary
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"write-off." Definitions.net. STANDS4 LLC, 2024. Web. 23 Apr. 2024. <https://www.definitions.net/definition/write-off>.
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