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write off

The correct spelling is write off.

How to pronounce write off

verb

Say it like: Rit-e o-ff

The correct spelling is write off. To reduce the book value of (an asset) to zero. For example: "When Katya was injured, he wrote off the team's chances in the finals."

Usage Examples

When Katya was injured, he wrote off the team's chances in the finals.

Definition

verb

  1. 1.To reduce the book value of (an asset) to zero.
  2. 2.To record (an expenditure) as an expense.
  3. 3.To remove a portion of a debt or an amount of an account owed, counting it as a loss (as a gesture of goodwill for example).
  4. 4.To record a notional expense such as amortization or depreciation.
  5. 5.To treat as a write-off, a total loss, especially something damaged beyond economic repair.

Similar words

Words related in meaning — check their spelling too.

View synonyms & usage examples