writing off

Treating as lost

Writing off is dismissing something or someone as unworthy of further attention or effort: Don't write him off just because he failed once.

In accounting and finance, to write off is to reduce an asset's value to zero or cancel a debt as uncollectible: The bank wrote off millions in bad loans.

A write-off is something so damaged it's beyond repair, especially a vehicle after an accident.

Related

discharge · tax relief · tax break · default · elimination · bad debt · deduction · bankruptcy · depreciation · devaluation · overlooking · cutting losses · loss · total loss · sunk cost · liquidation · dead weight · debt forgiveness

Categories
Opposites
value retention

writing offsalvaging

Recovering discarded or damaged goods

recovering · recouping · reclaiming · saving · rescuing

belief in potential

writing offbelieving in

Accepting as real or true

backing · supporting · championing · counting on · standing by

accounting treatment

writing offwriting up

Creating a formal record

capitalizing · appreciating · valuing · booking · recognizing

Family

writing, off, write, wrote, written, writes, writer, writers, rewrite

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Profile
Used worldwide · Timeless · Abstract · Everyday, not technical · Rated G