write-offs
Uncollectible debt cancellations
Write-offs are losses or expenses deducted from income, typically for tax purposes.
A business writes off bad debts, depreciated equipment, or failed investments: We took a write-off on the whole project.
Informally, a write-off is anything dismissed as a total loss or not worth considering: The critics treated the film as a write-off.
Conclusions from reasoning
- depreciationAsset value reduction over time
- expensesMoney spent on things
- business expensesCosts of commercial operations
- lossesThings subtracted from standing
claims · allowances · amortization · capital allowances · tax breaks · itemized · charitable donations · home office
Asset value reduction over time
- impairmentDiminished function or capacity
- bad debtUnrecoverable money owed
- assetsOwned items of value
- balance sheetAssets-liabilities-equity report
book value · inventory · goodwill · receivables · uncollectible · provisions · reserves · non-performing
Destroyed or summed
- insuranceContractual risk coverage
- collisionForceful contact between objects
- damageHarm or impairment
- accidentUnintended harmful event
wreck · salvage · crash · claim · replacement · fender bender · bodywork · unrepairable
Lack of success
- lost causeEndeavor certain to fail
- rejectionDenial of acceptance
- disregardWillful lack of attention
- underestimateJudge too low
hopeless · goner · waste · overlooked · undervalued · counted out · no-hoper · discounted
deductions
Conclusions from reasoning
- depreciationAsset value reduction over time
- expensesMoney spent on things
- business expensesCosts of commercial operations
losses · claims · allowances · amortization · capital allowances · tax breaks · itemized · charitable donations · home office · mileage
depreciation
Asset value reduction over time
- impairmentDiminished function or capacity
- bad debtUnrecoverable money owed
- assetsOwned items of value
balance sheet · book value · inventory · goodwill · receivables · uncollectible · provisions · reserves · non-performing · obsolescence
totaled
Destroyed or summed
accident · wreck · salvage · crash · claim · replacement · fender bender · bodywork · unrepairable · scrap
failure
Lack of success
- lost causeEndeavor certain to fail
- rejectionDenial of acceptance
- disregardWillful lack of attention
underestimate · hopeless · goner · waste · overlooked · undervalued · counted out · no-hoper · discounted · ignored
- depreciationdepreciation, straight line, straight-line, vehicle depreciation, accelerated
- financial termswealth, asset, currency, balance sheet, audit
- Federal TaxesIRS, tax return, tax refund, Form 1040, 1040
- taxationtax, income tax, sales tax, tax return, tax refund
- corporate taxestax rate, tax rates, tax liability, tax code, tax brackets
- Healthcare Administrationpatient care, patient records, billing, appointments, referrals