Moderate as in present 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 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.
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.
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