Advanced as in deduction A term used to describe the process of officially acknowledging a financial loss, typically related to a bad debt. Clear All
6 Example Sentences Showcasing the Meaning of 'Write-off'
The accountant explained the write-off process to the new employees, emphasizing its impact on financial statements.
The government announced a tax write-off for businesses contributing to environmental conservation projects.
Due to unforeseen circumstances, the management had no choice but to approve a write-off for the failed project expenses.
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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