Advanced as in baby An accounting term referring to the act of canceling the recorded value of an asset, typically due to it being considered of little or no value. Clear All
3 Example Sentences Showcasing the Meaning of 'Write-off'
The archaeologist considered the broken artifacts a write-off in their excavation findings.
The art gallery faced a dilemma when they had to decide whether to write-off damaged paintings.
The government agency decided to implement a write-off for the abandoned properties.
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