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WRITE-OFF

Pronunciation (US):

Dictionary entry overview: What does write-off mean?

• WRITE-OFF (noun)
The noun WRITE-OFF has 2 senses:

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

Familiarity information: WRITE-OFF used as a noun is rare.

Dictionary entry details

• WRITE-OFF (noun)

Sense 1

write-off ^{[BACK TO TOP]}

Meaning:

(accounting) reduction in the book value of an asset

Classified under:

Nouns denoting possession and transfer of possession

Synonyms:

write-down; write-off

Hypernyms ("write-off" is a kind of...):

depreciation; wear and tear (decrease in value of an asset due to obsolescence or use)

Domain category:

accounting (a system that provides quantitative information about finances)

Hyponyms (each of the following is a kind of "write-off"):

deduction; tax deduction; tax write-off (a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket)

Sense 2

write-off ^{[BACK TO TOP]}

Meaning:

The act of cancelling from an account a bad debt or a worthless asset

Classified under:

Nouns denoting acts or actions

Hypernyms ("write-off" is a kind of...):

cancellation (the act of cancelling; calling off some arrangement)

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WRITE-OFF: related words searches

» tax write-off meaning
» What does wear and tear mean?
» cancellation definition
» What does deduction mean?
» tax deduction definition

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