Moderate as in neonate The cancellation of a financial debt or the acknowledgment that an asset has no economic value, typically due to being uncollectible or depreciated. Clear All
3 Example Sentences Showcasing the Meaning of 'Write-off'
After the car accident, the insurance company declared it a total loss and approved a write-off for the damaged vehicle.
The museum curator had to decide whether to maintain or make a write-off for the antique painting that was deteriorating over time.
The software company had to undergo a write-off for the outdated software licenses.
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