Link Centre Dictionary

write off

wri·teoff

uncommon
verb (4) noun (2)

verb

1.

concede the loss or worthlessness of something or somebody

  • “write it off as a loss”
Synonyms
2.
3.

set up or found

  • “She set up a literacy program”
Synonyms
4.

reduce the estimated value of something

  • “For tax purposes you can write off the laser printer”
Synonyms

noun

1.

(accounting) reduction in the book value of an asset

Synonyms
2.

the act of cancelling from an account a bad debt or a worthless asset

Origin

Deverbal from write off.

Related words

Word family

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WordNet 2.1 (Princeton University). Wiktionary (CC BY-SA). WordNet 2.1 Copyright Princeton University. All rights reserved. Wiktionary content is available under the Creative Commons Attribution-ShareAlike Licence.