Definition of Write off:
A procedure used in accounting when an asset is determined to be uncollectible and is therefore considered to be a loss.
A cancellation from an account of a bad debt or worthless asset.
A worthless or ineffectual person or thing.
Synonyms of Write off
Loser, Born loser, Incompetent, Non-achiever, Underachiever, Neer-do-well, Disappointment, Write-off, Abate, Abatement, Abolish, Abolishment, Abolition, Abrogate, Abrogation, Absolve, Agio, Allow, Allowance, Annul, Annulment, Bank discount, Bate, Belittle, Breakage, Bury the hatchet, Cancel, Canceling, Cancellation, Cash discount, Cassation, Chain discount, Charge off, Charge to experience, Charge-off, Concession, Countermand, Counterorder, Cut, Declare a moratorium, Decry, Deduct, Deduction, Defeasance, Depreciate, Depreciation, Derogate, Detract from, Devaluate, Devalue, Disannul, Discount, Disparage, Do away with, Downgrade, Drawback, Forget, Forgive and forget, Grace period, Invalidate, Invalidation, Kick back, Kickback, Let it go, Let it pass, Lower, Make allowance, Make void, Mark down, Minimize, Moratorium, Nullification, Nullify, Obliterate, Obliteration, Override, Overrule, Penalty, Penalty clause, Percentage, Premium, Price reduction, Price-cut, Rebate, Rebatement, Recall, Recant, Recantation, Reduce, Reduction, Refund, Renege, Repeal, Rescind, Rescinding, Rescindment, Rescission, Retract, Retraction, Reversal, Reverse, Revocation, Revoke, Revokement, Rollback, Run down, Salvage, Set aside, Setoff, Setting aside, Suspend, Suspension, Take a premium, Take off, Tare, Time discount, Trade discount, Tret, Underrate, Underselling, Undervalue, Vacate, Vacation, Vacatur, Void, Voidance, Voiding, Waive, Waiver, Waiving, Wipe out, Withdraw, Withdrawal, Write down
How to use Write off in a sentence?
- She burns the toast and decides the weekend is a write-off.
- Most banks enjoy a high quality credit rate, so write-offs of bad debts are not common - which means that when they happen, the banks notice them all the more.
Meaning of Write off & Write off Definition