write-off
Meaning
- noun The cancellation of an item; the amount cancelled or lost.
The corporation took a $5 million write-off in the second quarter.
- noun Something that is now worthless (such as a car after an accident).
- verb Nonstandard form of write off.
Similar words
write-down discount liquidation amortization charge-off amortisation repayment reform graduation allowance
Word family
write-offs
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