Moderate as in nursling A term used to describe the process of officially acknowledging a financial loss, typically related to a bad debt. Clear All
5 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.
Despite the financial setback, the entrepreneur considered it a necessary write-off for future success.
The car enthusiast faced a dilemma when deciding whether to consider the classic car as a write-off or restore it.
The farmer marked the damaged crops as a write-off, focusing on improving cultivation techniques for the next season.
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