to write off
51write off — Synonyms and related words: abate, abatement, abolish, abolishment, abolition, abrogate, abrogation, absolve, agio, allow, allowance, annul, annulment, bank discount, bate, belittle, breakage, bury the hatchet, cancel, canceling, cancellation,… …
52write off — verb a) To reduce an assets book value to zero When Katya was injured, he wrote off the teams chances in the finals. b) To record an expenditure as an expense …
53write off — 1) To reduce the value of an asset to zero in a balance sheet. An expired lease, obsolete machinery, or an unfortunate investment would be written off. 2) To reduce to zero a debt that cannot be collected (see bad debt). Such a loss will be shown …
54write off — 1) To reduce the value of an asset to zero in a balance sheet. An expired lease, obsolete machinery, or an unfortunate investment would be written off. 2) To reduce to zero a debt that cannot be collected (see bad debt). Such a loss will be shown …
55write-off — The elimination of a *balance sheet item by direct transfer to an *income statement. For example, an irrecoverable *accounts receivable balance from a *bankrupt customer is normally eliminated by writing off the item to expenses. (In contrast,… …
56goodwill write-off reserve — A special reserve against which to place a goodwill write off. The reserve has a debit balance and is referred to as the dangling debit …
57write-off — noun Date: 1905 1. an elimination of an item from the books of account 2. a. a reduction in book value of an item (as by way of depreciation) b. a tax deduction of an amount of depreciation, expense, or loss 3. chiefly British something (as a… …
58write-off — noun a) The cancellation of an item; the amount cancelled or lost b) Something that is now worthless (such as a car after an accident) …
59Write Off — Book keeping action that at one stroke depreciates an asset out of the balance sheet …
60Write off — 1. not able to get fixed (after a crash); 2. consider as dead; 3. something irreparably damaged, as an aircraft, car, etc.; 4. person who is incapacitated through drunkenness, injury, etc.; 5. incompetent person; no hoper …
