Write-off ( noun , verb )

(As a noun)

Write-off ( noun )

1. An expense that is not tax-deductible, or an asset that is no longer of value and can be written off for tax purposes.
2. A loss of an asset, such as a car, due to an accident or damage that is not repairable.

Origin:

Derived from the combination of the words "write" and "off".

Examples:

1. The company wrote off the cost of the equipment as a loss.
2. The car was considered a write-off after the accident.
3. The business wrote off the bad debt as a loss.
4. The company wrote off the cost of the failed research and development project.
5. The insurance company declared the house a total write-off after the fire.

(As a verb)

Write-off ( verb )

1. An expense that is not tax-deductible, or an asset that is no longer of value and can be written off for tax purposes.
2. A loss of an asset, such as a car, due to an accident or damage that is not repairable.

Origin:

Derived from the combination of the words "write" and "off".

Examples:

1. The company wrote off the cost of the equipment as a loss.
2. The car was considered a write-off after the accident.
3. The business wrote off the bad debt as a loss.
4. The company wrote off the cost of the failed research and development project.
5. The insurance company declared the house a total write-off after the fire.