Sentences with Write-off

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3 Example Sentences Showcasing the Meaning of 'Write-off'

The government had to consider a massive write-off for the loans provided to struggling industries during the recession.

The company decided to declare a significant write-off on its financial statements, reflecting a loss in asset value.

Despite efforts to recover the debt, the finance team had to acknowledge it as a write-off on the company's financial records.

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