What does "write-off" mean?
The cancellation of an item; the amount cancelled or lost.
noun, verb ·Uncommon ·Advanced level
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"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."
"Nobody was hurt in the accident, but the car was a total write-off."
The cancellation of an item; the amount cancelled or lost.
Common synonyms include: abatement, abolition, abrogation, agio, allowance, annulment.
Nobody was hurt in the accident, but the car was a total write-off.
Deverbal from write off.