write-off
noun
- reduction in recognized value of an entity
Wiktionary
noun
Etymology: Etymology tree English write offdeverb. English write-off Deverbal from write off.
- The cancellation of an item; the amount cancelled or lost.
- Something that is now worthless (such as a car after an accident).
verb
Etymology: Etymology tree English write offdeverb. English write-off Deverbal from write off.
- Nonstandard form of write off.
“If you are eager to manufacture the recharging unit, the analyst will be tempted to write-off the equipment over its physical life and provide you with a lower breakeven volume. If you prefer to outsource, the analyst will be tempted to write-off the equipment over its tax life and provide you with a higher breakeven volume.”
“This has spurred major efforts to write-off loans by the two pilot banks and considerable progress at the largest of the SOCBs (the ICBC).”