Write off

usgb
verb

To decide that something is not worth anything.

The company has written off the bad debt owing to them.
Visual representation of "write off" - to decide that something is not worth anything

Often appears as...

  • write off a debt
  • write off an investment
Definition 1 of 4
Visual representation of "write off"
LampPro Tip 1/2

Business Context

Often used in financial settings to describe uncollectable debts or worthless investments.

Illustration for Business Context
The start-up venture was a write-off after two years of losses.
LampPro Tip 2/2

Irrecoverable Loss

Implies an item's value has been reduced to zero and is no longer useful or relevant.

Illustration for Irrecoverable Loss
Years of research were written off due to the failed experiment.
Visual representation of the word "Write off"

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