Advanced as in deduction 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
5 Example Sentences Showcasing the Meaning of 'Write-off'
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.
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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