write off
Deem a loss
To write off is to dismiss as insignificant or hopeless: Don't write him off just yet.
In accounting, to write off a debt or asset is to remove it from the books as a loss.
A write-off is something so damaged it's not worth repairing—especially a totaled vehicle—or an expense that reduces taxable income.
Asset value reduction over time
- amortizationGradual debt reduction schedule
- deductionConclusion from premises
- tax breakReduction in owed amount
- expenseMoney paid out
bad debt · uncollectible · receivable · impairment · balance sheet · ledger · fiscal · audit
depreciation
Asset value reduction over time
- amortizationGradual debt reduction schedule
- deductionConclusion from premises
- tax breakReduction in owed amount
expense · bad debt · uncollectible · receivable · impairment · balance sheet · ledger · fiscal · audit · debit
reject
Dismiss as unsuitable
brush aside · scoff · snub · overlook · underestimate · belittle · discredit · disparage · scorn · deride
total
Complete sum
smash · crash · collision · insurance claim · beyond repair · salvage · junk · scrap · accident · totaled car
- dismissdismiss, brush aside, wave away, sweep aside, push aside
- accounting verbsaudit, balance, budget, credit, debit
- Book Idiomsby the book, closed book, open book, on the same page, same page
- money termscash, credit, debt, income, wages
- business jargonacronym, scalability, buzzword, drill down, low-hanging fruit
- cancelcancel, annul, nullify, invalidate, revoke
write offwrite up
Prepare a formal account
gain · profit · appreciate · capitalize · accrue
write offbelieve in
Accept as true
have faith in · take seriously · champion · back · support
off, write, writer, writing, written, wrote, handwriting, rewrite, writes