Moderate as in neonate A term used to describe a situation where an asset or expense is considered uncollectible or not recoverable, often due to its reduced value or irrelevance. Clear All
3 Example Sentences Showcasing the Meaning of 'Write-off'
The library had to acknowledge the outdated books as a write-off from their collection.
The accountant explained the tax benefits of declaring certain expenses as a write-off.
The software company had to undergo a write-off for the outdated software licenses.
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