Moderate as in baby An accounting term referring to the act of canceling the recorded value of an asset, typically due to it being considered of little or no value. 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The library had to acknowledge the outdated books as a write-off from their collection.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The software company had to undergo a write-off for the outdated software licenses.
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