Moderate as in price support 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
4 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 business owner regretfully marked the unsold inventory as a write-off to adjust the accounting books accurately.
The environmentalist argued that pollution and environmental degradation should be considered a societal write-off.
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