Advanced as in milquetoast 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
4 Example Sentences Showcasing the Meaning of 'Write-off'
The unsuccessful business venture turned out to be a significant financial write-off for the investors.
The aging computer was deemed a write-off by the IT department due to its constant malfunctions.
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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