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Write-off   /raɪt-ɔf/   Listen
Write-off

noun
1.
(accounting) reduction in the book value of an asset.  Synonym: write-down.
2.
The act of cancelling from an account a bad debt or a worthless asset.



Related search:
tax write-off


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Words linked to "Write-off" :   wear and tear, cancellation, depreciation, write off, deduction, tax deduction, accounting


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