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English definition of “write sth back”

write sth back

phrasal verb with write
 
 
/raɪt/ verb (wrote, written)
ACCOUNTING, FINANCE to add an amount to a company's profit for a particular period relating to a possible future cost that will not now have to be paid: The group's $50m profit rise was helped by writing back unused provisions made in previous years. → See also write-back
(Definition of write sth back from the Cambridge Business English Dictionary © Cambridge University Press)
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