Write Off Meaning Write off noun C usually singular WASTED TIME a period of time during which you fail to achieve anything
A write off is a reduction of the recognized value of something In accounting this is a recognition of the reduced or zero value of an asset In income tax statements this is a reduction of Informal a person or thing that is given up as hopeless or pointless Joe s college career is a write off Reduce an asset s book value to zero because it is worthless as in The truck was
Write Off Meaning
Write Off Meaning
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The term write off or expense off refers to the elimination of an asset from the financial books when it is no longer valuable to the business Definition of write off noun in Oxford Advanced American Dictionary Meaning pronunciation picture example sentences grammar usage notes synonyms and more
Write off n 1 a cancellation from the accounts as a loss 2 a reduction in book value depreciation 3 a person or thing that is given up as hopeless or pointless A write off is the decision by a company or government to accept that they will never recover a debt or an amount of money that has been spent on something
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Write off definition consider something as a loss or failure Check meanings examples usage tips pronunciation domains related words In general use it means to dismiss something as unimportant or unsuccessful Think of it like a business accepting that money won t be repaid or a person deciding something isn t worth
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https://dictionary.cambridge.org › dictionary › english › write-off
Write off noun C usually singular WASTED TIME a period of time during which you fail to achieve anything
https://en.wikipedia.org › wiki › Write-off
A write off is a reduction of the recognized value of something In accounting this is a recognition of the reduced or zero value of an asset In income tax statements this is a reduction of
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Write Off Meaning - The term write off or expense off refers to the elimination of an asset from the financial books when it is no longer valuable to the business