Moderate as in contribution A term used to describe the process of officially acknowledging a financial loss, typically related to a bad debt. Clear All
4 Example Sentences Showcasing the Meaning of 'Write-off'
After the customer declared bankruptcy, the bank had to initiate a write-off for the outstanding loan.
Despite efforts to recover the funds, the business had no choice but to declare a significant write-off on the investment.
The environmental organization celebrated the write-off for conservation efforts that positively impacted endangered species.
The farmer was pleasantly surprised by the tax write-off granted for the donation of excess crops to local food banks.
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