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Write-off

noun, verb

Definitions

Noun
  1. 1
    The cancellation of an item; the amount cancelled or lost.
  2. 2
    the act of cancelling from an account a bad debt or a worthless asset wordnet
  3. 3
    Something that is now worthless (such as a car after an accident).
  4. 4
    (accounting) reduction in the book value of an asset wordnet
Verb
  1. 1
    Nonstandard form of write off. alt-of, nonstandard

    "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."

Etymology

Etymology 1

Deverbal from write off.

Etymology 2

Deverbal from write off.

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