write off (Meaning)

Wordnet

write off (v)

concede the loss or worthlessness of something or somebody

write something fluently, and without hesitation

cancel (a debt)

reduce the estimated value of something

Wordnet

write off (n)

(accounting) reduction in the book value of an asset

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

write off Sentence Examples

  1. The company decided to write off a large sum of money due to the failed investment.
  2. The IRS allowed me to write off my medical expenses as tax deductions.
  3. The restaurant had to write off several meals that were never served.
  4. The bank agreed to write off my debt after I filed for bankruptcy.
  5. The government wrote off millions of dollars in unpaid taxes.
  6. The insurance company wrote off the damage to my car as a total loss.
  7. The stock market crash caused investors to write off billions of dollars.
  8. I wrote off the cost of my education as a business expense.
  9. The debt collector wrote off my account after multiple attempts to collect.
  10. The airline wrote off the cost of the canceled flight due to bad weather.

FAQs About the word write off

concede the loss or worthlessness of something or somebody, write something fluently, and without hesitation, cancel (a debt), reduce the estimated value of som

run down, dump on, minimize, play down, diminish,dismiss, talk down, put down, belittle, poor-mouth

exalt, acclaim, recommend, favor, sanction, favor, magnify, approve, magnify,applaud

The company decided to write off a large sum of money due to the failed investment.

The IRS allowed me to write off my medical expenses as tax deductions.

The restaurant had to write off several meals that were never served.

The bank agreed to write off my debt after I filed for bankruptcy.