Advanced as in milquetoast 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
4 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The accountant recommended a write-off for the outdated computer equipment that was no longer functional in the rapidly advancing tech environment.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 unsuccessful business venture turned out to be a significant financial write-off for the investors.
The aging computer was deemed a write-off by the IT department due to its constant malfunctions.
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