When an investment, such as a loan, becomes seriously delinquent or in default and is determined to be uncollectible, the lender may choose to charge the outstanding investment amount as an expense or a loss.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). write off. Retrieved September 20, 2026, from http://smartdefine.org/write_off/definitions/1166631 |
| Chicago | Barry Goldsmith. 2010. "write off" http://smartdefine.org/write_off/definitions/1166631 (accessed September 20, 2026). |
| Harvard | Barry Goldsmith 2010, write off, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/write_off/definitions/1166631>. |
| MLA | Barry Goldsmith. "write off" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/write_off/definitions/1166631> |