What is the meaning of write-off?

noun

  • Accounting) reduction in the book value of an asset.
  • The act of cancelling from an account a bad debt or a worthless asset. .
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). write-off. Retrieved September 20, 2026, from http://smartdefine.org/write-off/definitions/1189603
ChicagoWordNet. 2010. "write-off" http://smartdefine.org/write-off/definitions/1189603 (accessed September 20, 2026).
HarvardWordNet 2010, write-off, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/write-off/definitions/1189603>.
MLAWordNet. "write-off" 23 October 2010. Web. 20 September 2026. <http://smartdefine.org/write-off/definitions/1189603>
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