write-off
Canceled bad debt
A write-off is something dismissed as a total loss or failure.
In accounting, it's a reduction in recorded value—a bad debt written off the books, a damaged vehicle deemed not worth repairing.
Figuratively, anything considered hopeless or worthless: Critics dismissed the film as a write-off.
The verb phrase is write off: We had to write off the entire investment.
Irreparably damaged item
- totaledDestroyed or summed
- claimStatement of ownership or truth
- salvageRecovering damaged goods
- settlementResolved dispute or colony
payout · adjuster · damage · collision · wreck · reimbursement · coverage · replacement value
Asset value reduction over time
- amortizationGradual debt reduction schedule
- expenseMoney paid out
- deductionConclusion from premises
- adjustmentAlteration to improve fit
asset · impairment · ledger · journal · entry · bookkeeping · reconciliation · audit
Unrecoverable money owed
- uncollectibleImpossible to claim payment
- defaultPreset standard option
- nonpaymentFailure to settle debts
- arrearsOverdue financial obligations
delinquency · charge-off · forgiveness · settlement · creditor · debtor · receivables · collection
Conclusion from premises
- expenseMoney paid out
- allowanceFixed periodic payment
- itemizeList by particulars
- charitableGiving to those needing
donation · mortgage · interest · medical · tuition · deductible · contribution · depreciation
Lack of success
- wasteUnwanted discarded material
- lost causeEndeavor certain to fail
- hopelessBeyond possibility of success
- futileIncapable of producing results
disappointment · disaster · flop · dud · bust · rejection · disregard · underestimate
total loss
Irreparably damaged item
settlement · payout · adjuster · damage · collision · wreck · reimbursement · coverage · replacement value · premium
depreciation
Asset value reduction over time
- amortizationGradual debt reduction schedule
- expenseMoney paid out
- deductionConclusion from premises
adjustment · asset · impairment · ledger · journal · entry · bookkeeping · reconciliation · audit · capitalization
bad debt
Unrecoverable money owed
- uncollectibleImpossible to claim payment
- defaultPreset standard option
- nonpaymentFailure to settle debts
arrears · delinquency · charge-off · forgiveness · settlement · creditor · debtor · receivables · collection · recovery
deduction
Conclusion from premises
charitable · donation · mortgage · interest · medical · tuition · deductible · contribution · depreciation · business expense
failure
Lack of success
- wasteUnwanted discarded material
- lost causeEndeavor certain to fail
- hopelessBeyond possibility of success
futile · disappointment · disaster · flop · dud · bust · rejection · disregard · underestimate · dismiss
- insurance claimsclaim form, claim filing, claim settlement, claims processing, claims adjuster
- depreciationdepreciation, straight line, straight-line, vehicle depreciation, accelerated
- inventory taxtax basis, personal property tax, FIFO, LIFO, cost basis
- business financeaccounting, balance sheet, revenue stream, profit margin, budget
- debtdebt, creditor, owe, debtor, lender
- financebank, CFO, banks, controller, finance
write-offsalvageable
Able to be rescued
salvage · recoverable · repairable · fixable · restorable
write-offwrite-up
Documented account or review
appreciation · capitalization · revaluation · asset · gain
write-offsure thing
Guaranteed outcome or agreement
safe bet · rising star · good bet · winner · success story