Advanced as in nursling 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 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The government's decision to declare the outdated technology as a write-off sparked debates in the tech industry.
The museum curator carefully cataloged each artifact, determining if any required a write-off due to deterioration.
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