Share this entry

Share this page

write-off

Syllabification: write-off

Definition of write-off in English:

noun

1 Finance A cancellation from an account of a bad debt or worthless asset.
Example sentences
  • Most banks enjoy a high quality credit rate, so write-offs of bad debts are not common - which means that when they happen, the banks notice them all the more.
  • In the event of a loan write-off, the income tax ‘deducted’ is not available as a credit to the borrower.
  • It is taking a one-off hit of $10m to cover redundancy payments, inventory write-offs and bad debt.
2A worthless or ineffectual person or thing: she burns the toast and decides the weekend is a write-off
More example sentences
  • The first half of today was pretty much a write-off in terms of studying, unless you consider violent cramping, nausea and headaches an aid to learning.
  • And on top of this I'm going to see a show that's part of the Cabaret Festival on Wednesday night so that night's a write-off.
  • But it was not a write-off and the last three months were good.

Definition of write-off in:

Share this entry

Share this page

 

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.

Get more from Oxford Dictionaries

Subscribe to remove adverts and access premium resources

Word of the day tenebrous
Pronunciation: ˈtɛnɪbrəs
adjective
dark; shadowy or obscure