Sentences with Write-off

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.

3 Example Sentences Showcasing the Meaning of 'Write-off'

The art gallery faced a dilemma when they had to decide whether to write-off damaged paintings.

The software company had to undergo a write-off for the outdated software licenses.

The government agency decided to implement a write-off for the abandoned properties.

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