Advanced as in present A term used to describe a situation where an asset or expense is considered uncollectible or not recoverable, often due to its reduced value or irrelevance. Clear All
3 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The accountant recommended a write-off for the outdated computer equipment that was no longer functional in the rapidly advancing tech environment.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 archaeologist considered the broken artifacts a write-off in their excavation findings.
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