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Definitions and Synonyms of write-off | Another word for write-off | What is write-off?

Definition 1: the act of cancelling from an account a bad debt or a worthless asset - [noun denoting act]

(write-off is a kind of ...) the act of cancelling; calling off some arrangement

Definition 2: (accounting) reduction in the book value of an asset - [noun denoting possession]

Synonyms for write-off in the sense of this definition

(write-off is a kind of ...) decrease in value of an asset due to obsolescence or use

(... is a kind of 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

(write-off belongs to category ...) a system that provides quantitative information about finances

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