to write off a debt
21write 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 …
22debt write-off — nullification of a debt …
23write off — disregard an outstanding debt (as of a customer); consider worthless; make a reduction in a value for accounting purposes …
24write-off — noun 1》 Brit. a vehicle that is too badly damaged to be repaired. 2》 informal something completely useless or unproductive. 3》 Finance a cancellation from an account of a bad debt or worthless asset …
25write-off — To remove from the books of account an asset which has become worthless. Most often referred to in connection with accounts or notes receivable which are deemed worthless or uncollectible. See bad debt …
26debt — [ det ] noun *** 1. ) count an amount of money that you owe: By this time we had debts of over $15,000. run up a debt (=let it increase): She had run up debts of nearly $10,000. pay (off)/repay a debt: Many people experience difficulty in paying… …
27tax write–off — n: a tax deduction of an amount of depreciation, expense, or loss cancelled the debt and took a tax write off on the loss Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …
28debt — n. 1) to contract, incur, run up a debt; to get into, go into debt 2) to collect, recover a debt 3) to discharge, pay (off), settle; wipe out; write off a debt 4) to cancel; repudiate a debt 5) a bad; outstanding, unsettled debt 6) a business;… …
29debt */*/*/ — UK [det] / US noun Word forms debt : singular debt plural debts 1) a) [countable] an amount of money that you owe By this time we had debts of over £15,000. run up a debt (= let it increase): She had run up debts of nearly £10,000. pay… …
30write — W1S1 [raıt] v past tense wrote [rəut US rout] past participle written [ˈrıtn] ▬▬▬▬▬▬▬ 1¦(book/article/poem etc)¦ 2¦(letter)¦ 3¦(form words)¦ 4¦(state something)¦ 5¦(music/song)¦ 6¦(computer program)¦ 7¦(a computer records something)¦ …
