Write-off
Alternative forms
Full definition of write-off
Noun
write-off
(plural write-offs)- (accounting) The cancellation of an item; the amount cancelled or lost
- Something that is now worthless (such as a car after an accident)
Usage notes
This form is about as common as "writeoff" in usage as a noun.
Verb
- 2000, Roy L. Nersesian, Trends and Tools for Operations Management, Greenwood Publishing Group, ISBN 978-1-56720-225-0, page 80: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.
- 2005, Organisation for Economic Co-operation and Development Economic Surveys, Volume 2005/13 (September 2005): China, OECD Publishing, ISBN 978-92-64-01182-3, page 146:This has spurred major efforts to write-off loans by the two pilot banks and considerable progress at the largest of the SOCBs (the Industrial and Commercial Bank of China).
- 2007, Ganapathy Palanithurai et al., A Handbook for Panchayati Raj Administration (Tamil Nadu), Concept Publishing Company, ISBN 978-81-8069-340-3, page 58:Provided that where the Collector or any of his subordinates is responsible for the collection of any tax, ... the power to write-off such tax, ... on the ground of its being irrecoverable, shall be exercised by the Commissioner of Land Administration ...