write-off
1. (accounting) reduction in the book value of an asset • Syn: write-down • Derivationally related forms: write down (for: write-down), write off • Topics: accounting • Hypernyms: depreciation, wear and tear • Hyponyms: tax write-off, tax deduction, deduction 2. the act of cancelling from an account a bad debt or a worthless asset • Derivationally related forms: write off • Hypernyms: cancellation
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