write-off

listen to the pronunciation of write-off
İngilizce - İngilizce
The cancellation of an item; the amount cancelled or lost
Something that is now worthless (such as a car after an accident)
Nonstandard spelling of write off

Provided that where the Collector or any of his subordinates is responsible for the collection of any tax, the power to write-off such tax, on the ground of its being irrecoverable, shall be exercised by the Commissioner of Land Administration.

If you describe a plan or period of time as a write-off, you mean that it has been a failure and you have achieved nothing. Today was really a bit of a write-off for me
Cancellation of part of all of a balance Costs incurred which have no future utility are charge (written-off) to an expense or loss account, not carried forward as an asset
Something such as a vehicle that is a write-off has been so badly damaged in an accident that it is not worth repairing. The car was a write-off, but everyone escaped unharmed
When the insurance company decides it is not economical to repair your car following an accident, theft , or when your car is stolen and recovered and either it is impossible to repair; it isn't safe to repair; it is not economical to repair your car
An accounting term for reducing the value of an asset to zero for some reason such as damages or complete obsolescence
Write-off is a procedure for the deletion of debts from the Public Accounts Write-off does not include forgiveness (i e the debt is still owing to the Government)
the removal of an account from an issuer's books When an account is written off, the issuer absorbs the outstanding balance as a loss This is also referred to as a "charge-off"
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. Mr James persuaded the banks to accept a large write-off of debt
Charging an asset amount to expense or loss, such as through the use of depreciation and amortization of assets
the act of cancelling from an account a bad debt or a worthless asset (accounting) reduction in the book value of an asset
To charge an asset amount to expense or loss, in order to reduce the value of that asset and one's earnings
the act of cancelling from an account a bad debt or a worthless asset
(accounting) reduction in the book value of an asset
The act of changing the value of an asset to an expense or a loss A write-off is used to reduce or eliminate the value an asset and reduce profits
A company determines that an asset's value has become zero, e g , long-overdue accounts receivable that will never be paid
Charging an asset amount to expense or loss, for example through the use of depreciation and amortization of assets
The write-down of a portfolio company's holdings to a valuation of zero and the venture capital investors receive no proceeds from their investment
In common usage: a reduction in taxable income that results when allowable deductions are subtracted from gross income
To record a notional expense such as amortization or depreciation
Figuratively, to assign a low value to something

When Katya was injured, he wrote off the team's chances in the finals.

To record an expenditure as an expense
To reduce an asset's book value to zero
bad debt write-off
assuming a debt cannot be recovered and trying to get a tax benefit from the loss
debt write-off
nullification of a debt
inventory write-off
(Ticaret) The reduction of the currently-stated financial value of an inventory item based on a determination that its future worth is less than its acquisition cost due to obsolescence or market changes
tax write-off
a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket
write off
If you write off a plan or project, you accept that it is not going to be successful and do not continue with it. We decided to write off the rest of the day and go shopping The prices were much higher. So we decided to write that off see also write-off
write off
write something fluently, and without hesitation cancel (a debt)
write off
{i} cancellation from an account of a worthless asset (Finance); something which is entirely useless
write off
If someone writes off a vehicle, they have a crash in it and it is so badly damaged that it is not worth repairing. John's written off four cars. Now he sticks to public transport One of Pete's friends wrote his car off there
write off
If you write someone or something off, you decide that they are unimportant or useless and that they are not worth further serious attention. He is fed up with people writing him off because of his age His critics write him off as too cautious to succeed These people are difficult to write off as malingering employees. = dismiss
write off
cancel (a debt)
write off
write something fluently, and without hesitation
write off
If someone writes off a debt or an amount of money that has been spent on a project, they accept that they are never going to get the money back. The president persuaded the West to write off Polish debts
write off
reduce the estimated value of something; "For tax purposes you can write off the laser printer"
write off
{f} disregard an outstanding debt (as of a customer); consider worthless; make a reduction in a value for accounting purposes
write off
concede the loss or worthlessness of something or somebody; "write it off as a loss"
write off
If you write off to a company or organization, you send them a letter, usually asking for something. He wrote off to the New Zealand Government for these pamphlets about life in New Zealand. = write
write off debts
erase outstanding balances