Advanced as in price support 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
2 Example Sentences Showcasing the Meaning of 'Write-off'
The archaeologist considered the broken artifacts a write-off in their excavation findings.
The charity organization decided to recognize the uncollectible donations as a write-off in their annual report.
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