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Noun: write-off  rIt óf
  1. (accounting) reduction in the book value of an asset
    - write-down
     
  2. The act of cancelling from an account a bad debt or a worthless asset
Verb: write off  rIt óf
  1. Concede the loss or worthlessness of something or somebody
     
  2. Write something fluently, and without hesitation
     
  3. Cancel (a debt)
     
  4. Reduce the estimated value of something
    "For tax purposes you can write off the laser printer";
    - expense, write down

Derived forms: writing off, wrote off, writes off, write-offs, written off

Type of: acknowledge, admit, cancel, cancelation [US], cancellation, compose, depreciate, depreciation, indite [archaic], pen, strike down, wear and tear, write

Encyclopedia: Write-off

Write off