The meaning of WRITE-OFF is an elimination of an item from the books of account. How to use write-off in a sentence.

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 noun [C usually singular] (WASTED TIME) a period of time during which you fail to achieve anything:

Jul 2, 2025 · What Is a Write-Off? When a business has unreceived payments, unpaid loans, or lost inventory, it creates an accounting entry known as a write-off to record these losses.

Aug 7, 2022 · 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.

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.

Definition of write-off noun in Oxford Advanced American Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.

Dec 19, 2024 · A write-off eliminates an asset's remaining value, while a write-down reduces its book value when the market value falls below its carrying amount. Write-offs are typically used …

Apr 27, 2025 · What is a Write Off? A write-off is the formal recognition that an asset no longer has value, resulting in its removal from a company's accounting records. It typically occurs …

Learn what "write off" means and how to use this common English idiom for accounting, dismissing, and considering losses.