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
7 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The library had to acknowledge the outdated books as a write-off from their collection.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 archaeologist considered the broken artifacts a write-off in their excavation findings.
The restaurant had to accept the spoiled ingredients as a write-off in their inventory.
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The software company had to undergo a write-off for the outdated software licenses.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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