Reference meaning

write-off

noun·Reference

Last updated

(accounting) reduction in the book value of an asset

Related source terms

Other meanings

2. noun

the act of cancelling from an account a bad debt or a worthless asset

3. verb

concede the loss or worthlessness of something or somebody

4. verb

write something fluently, and without hesitation

Source and scope

This definition is reproduced from Princeton WordNet 3.0, sense 13328853-n, under the WordNet 3.0 License. It has not yet received VocabularyBase editorial review. Read the source and license details.