write-off is the accounting procedure used when an asset has been determined to be uncollectible and is therefore charged off as a loss. On the books, the amount is removed from the asset portion of a balance sheet and recorded as an expense item on the income statement.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). write-off. Retrieved September 20, 2026, from http://smartdefine.org/write-off/definitions/1166634 |
| Chicago | Barry Goldsmith. 2010. "write-off" http://smartdefine.org/write-off/definitions/1166634 (accessed September 20, 2026). |
| Harvard | Barry Goldsmith 2010, write-off, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/write-off/definitions/1166634>. |
| MLA | Barry Goldsmith. "write-off" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/write-off/definitions/1166634> |