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write-off

[rahyt-awf, -of] /ˈraɪtˌɔf, -ˌɒf/
noun
1.
a cancellation from the accounts as a loss.
2.
an uncollectable account.
3.
a reduction in book value; depreciation.
4.
Informal. a person or thing that is given up as hopeless or pointless:
Joe's college career is a write-off.
Origin
1745-1755
1745-55; noun use of verb phrase write off
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for write-off
  • Our kitchen tent was a complete write-off, as the biggest rock had completely flattened the stone kitchen.
  • Maybe folks who own storage facilities could dedicate a section of closet-sized lockers for the homeless as a tax write-off.
  • Debt forgiveness is, loosely, a write-off writ large.
  • The more official aid a country receives, the bigger the eventual write-off private bondholders may suffer.
  • The write-off raises questions about a management that was once highly rated.
  • Business also got a bung, in the form of a faster write-off on investments.
  • And the costs of administering an ongoing plan are much higher than for a simple discharge and write-off.
  • But if flying simply can't be avoided, its environmental impact needn't be a write-off.
British Dictionary definitions for write-off

write off

verb (transitive, adverb)
1.
(accounting)
  1. to cancel (a bad debt or obsolete asset) from the accounts
  2. to consider (a transaction, etc) as a loss or set off (a loss) against revenues
  3. to depreciate (an asset) by periodic charges
  4. to charge (a specified amount) against gross profits as depreciation of an asset
2.
to cause or acknowledge the complete loss of
3.
to send a written order for (something): she wrote off for a brochure
4.
(informal) to damage (something, esp a car) beyond repair
noun
5.
(accounting)
  1. the act of cancelling a bad debt or obsolete asset from the accounts
  2. the bad debt or obsolete asset cancelled
  3. the amount cancelled against gross profits, corresponding to the book value of the bad debt or obsolete asset
6.
(informal) something damaged beyond repair, esp a car
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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