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Definition of Write off
1. Verb. Concede the loss or worthlessness of something or somebody. "Write it off as a loss"
2. Verb. Write something fluently, and without hesitation.
3. Verb. Cancel (a debt).
4. Verb. Reduce the estimated value of something. "For tax purposes you can write off the laser printer"
Exact synonyms: Expense, Write Down
Generic synonyms: Depreciate
Derivative terms: Write-down, Write-off, Write-off
Generic synonyms: Depreciate
Derivative terms: Write-down, Write-off, Write-off
Definition of Write off
1. Verb. (accounting) To reduce an asset's book value to zero ¹
2. Verb. (accounting) To record an expenditure as an expense. ¹
3. Verb. (accounting) To remove a portion of a debt or an amount of an account owed to you counting it as a loss (as a gesture of goodwill for example) ¹
4. Verb. (accounting) To record a notional expense such as amortization or depreciation. ¹
5. Verb. Figuratively, to assign a low value to something. ¹
¹ Source: wiktionary.com