written off (Meaning)

written off

to consider to be lost, tax write-off, dismiss sense 3, to use as a deduction in calculating taxable income, a tax deduction of an amount of depreciation, expense, or loss, the elimination of an asset or amount due from the books, to regard or concede to be lost, dismiss, something (such as a damaged vehicle) or someone regarded or conceded as a loss, to take off the books, to eliminate (an asset) from the books, a reduction in book value of an item (as by way of depreciation), an elimination of an item from the books of account

written off Sentence Examples

  1. The bank wrote off the bad debt, acknowledging that it was unlikely to be repaid.
  2. The company's losses were so severe that it was written off as bankrupt.
  3. The government wrote off the tax arrears, recognizing that it was too expensive to collect them.
  4. The old car was written off after being involved in a serious accident.
  5. The insurance policy wrote off the stolen furniture as a total loss.
  6. The accountant wrote off the inventory that had become obsolete.
  7. The investment was written off as a worthless asset.
  8. The loan was written off by the lender after years of non-payment.
  9. The company wrote off its goodwill when it acquired a new subsidiary.
  10. The historical building was written off as a heritage site, preserving its architectural value.

FAQs About the word written off

to consider to be lost, tax write-off, dismiss sense 3, to use as a deduction in calculating taxable income, a tax deduction of an amount of depreciation, expen

talked down, dumped on, played down, run down,dismissed, decried, belittled, deprecated, discounted, denigrated

praised, lauded, extolled, indorsed, favored, acclaimed, recommended, approved, sanctioned, endorsed

The bank wrote off the bad debt, acknowledging that it was unlikely to be repaid.

The company's losses were so severe that it was written off as bankrupt.

The government wrote off the tax arrears, recognizing that it was too expensive to collect them.

The old car was written off after being involved in a serious accident.