Advanced as in deduction The cancellation of a financial debt or the acknowledgment that an asset has no economic value, typically due to being uncollectible or depreciated. Clear All
5 Example Sentences Showcasing the Meaning of 'Write-off'
The accountant recommended a write-off for the outdated computer equipment that was no longer functional in the rapidly advancing tech environment.
In the aftermath of the natural disaster, the city had to declare a write-off for the damaged infrastructure to expedite reconstruction efforts.
The student was relieved when the professor approved a write-off for the missed exam due to a family emergency.
The charity organization acknowledged a write-off for the uncollectible pledges from the past fundraising campaign.
The airline had to make a significant write-off for the grounded fleet during the pandemic.
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