write-off
write-off (phr)
English Definitions:
write-off, write-down (noun)
(accounting) reduction in the book value of an asset
write-off (verb)
the act of cancelling from an account a bad debt or a worthless asset
write off (verb)
concede the loss or worthlessness of something or somebody
"write it off as a loss"
write off (verb)
write something fluently, and without hesitation
write off (verb)
cancel (a debt)
expense, write off, write down (verb)
reduce the estimated value of something
"For tax purposes you can write off the laser printer"
write-off (Noun)
The cancellation of an item; the amount cancelled or lost
write-off (Noun)
Something that is now worthless (such as a car after an accident)
Write-off
Something is written-off when its recognized value is reduced. In accounting, this is a recognition of the reduced or zero value of an asset. In income tax statements, this is a reduction of taxable income as recognition of certain expenses required to produce the income.
Write-off
A write-off is a reduction of the recognized value of something. In accounting, this is a recognition of the reduced or zero value of an asset. In income tax statements, this is a reduction of taxable income, as a recognition of certain expenses required to produce the income.
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"write-off." Kamus.net. STANDS4 LLC, 2024. Web. 20 Apr. 2024. <https://www.kamus.net/english/write-off>.
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