14 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.
The accountant explained the write-off process to the new employees, emphasizing its impact on financial statements.
Despite efforts to recover the funds, the business had no choice but to declare a significant write-off on the investment.
The government announced a tax write-off for businesses contributing to environmental conservation projects.
Due to unforeseen circumstances, the management had no choice but to approve a write-off for the failed project expenses.
The business owner decided to make a write-off for the donated computers, benefiting a local community center.
The charitable foundation announced a substantial write-off to aid disaster relief efforts in the affected regions.
As part of her annual giving, she chose to make a sizable write-off to the animal shelter for the welfare of abandoned pets.
The corporation's write-off for contributing to environmental conservation projects highlighted their commitment to sustainability.
The government provided tax incentives for farmers who made a write-off for donating excess produce to food banks.
In the spirit of giving, the family decided to make a generous write-off to support the local art museum's restoration project.
The company's write-off for sponsoring the youth soccer league reflected their dedication to community sports development.
A prominent artist announced a substantial write-off for the donation of artwork to a museum, enriching cultural heritage.
The tech company's write-off for contributing to coding education initiatives aimed to empower students with digital skills.