10 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.
The accountant recommended a write-off for the outdated computer equipment that was no longer functional in the rapidly advancing tech environment.
The government had to consider a massive write-off for the loans provided to struggling industries during the recession.
In the aftermath of the natural disaster, the city had to declare a write-off for the damaged infrastructure to expedite reconstruction efforts.
The company decided to declare a significant write-off on its financial statements, reflecting a loss in asset value.
The business owner regretfully marked the unsold inventory as a write-off to adjust the accounting books accurately.
Despite efforts to recover the debt, the finance team had to acknowledge it as a write-off on the company's financial records.
The environmentalist argued that pollution and environmental degradation should be considered a societal write-off.
The charity organization decided to recognize the uncollectible donations as a write-off in their annual report.