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write off

Definition from Dictionary, a free dictionary
Ideas lose themselves as quickly as quail, and one must wing them the minute they rise out of the grass, or they are gone.
Thomas F. Kennedy
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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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