| Library / English Dictionary |
WRITE-OFF
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
The act of cancelling from an account a bad debt or a worthless asset
Classified under:
Nouns denoting acts or actions
Hypernyms ("write-off" is a kind of...):
cancellation (the act of cancelling; calling off some arrangement)
Derivation:
write off (reduce the estimated value of something)
write off (cancel (a debt))
Sense 2
Meaning:
(accounting) reduction in the book value of an asset
Synonyms:
write-down; write-off
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("write-off" is a kind of...):
depreciation; wear and tear (decrease in value of an asset due to obsolescence or use)
Domain category:
accounting (a system that provides quantitative information about finances)
Hyponyms (each of the following is a kind of "write-off"):
deduction; tax deduction; tax 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)
Derivation:
write off (reduce the estimated value of something)
