Defenition of the word write-off

• Defenition of the word write-off

  • Accounting procedure that is used when an asset is uncollectible and is therefore charged-off as a loss.
  • the act of cancelling a debt as uncollectible
  • reduction in the book value of an asset
  • the act of cancelling from an account a bad debt or a worthless asset
  • (accounting) reduction in the book value of an asset

Synonyms for the word write-off

• • write-down

Hyponyms for the word write-off

• • deduction
  • tax deduction
  • tax write-off

Hypernyms for the word write-off

• • cancellation
  • depreciation
  • wear and tear

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