Sentences with 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.