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write off

See also writeoff, and write-off

English

Verb

to write off

  1. (accounting) To reduce an asset's book value to zero
  2. (accounting) To record an expenditure as an expense.
  3. (accounting) To record an notional expense such as amortization or depreciation.
  4. Figuratively, to assign a low value to something.
    When Katya was injured, he wrote off the team's chances in the finals.

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Last modified on 19 August 2008, at 17:12