write-off

Estimated CEFR level: C2 — Proficiency

Estimated from word frequency; not an official CEFR classification.

Definition

  1. noun (accounting) reduction in the book value of an asset
  2. noun the act of cancelling from an account a bad debt or a worthless asset

Synonyms

write-down

Semantic network

Broader (hypernyms)
depreciation
Narrower (hyponyms)
tax write-off

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