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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
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

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

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

Encyclopedia: Write off