as in deduction 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 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The software company had to undergo a write-off for the outdated software licenses.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.
The car insurance company marked the vehicle as a write-off after the severe accident.
The student was relieved when the professor approved a write-off for the missed exam due to a family emergency.
The charity organization acknowledged a write-off for the uncollectible pledges from the past fundraising campaign.
The airline had to make a significant write-off for the grounded fleet during the pandemic.
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