write-off Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “write-off” in the English Dictionary

"write-off" in British English

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write-offnoun [C usually singular]

uk   /ˈraɪ.tɒf/  us   /-t̬ɑːf/
UK a ​vehicle that is too ​damaged to be ​worthrepairing: She wasn't ​hurt, but the car's a complete write-off.
(Definition of write-off from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"write-off" in American English

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write-offnoun [C]

 us   /ˈrɑɪtˌɔf/
a ​change in a company's ​accounts when it has ​lostmoney: After write-offs, ​taxes, and ​governmenttransfers were ​deducted, the ​phonecompanyfound itself ​deeply in ​debt.
(Definition of write-off from the Cambridge Academic Content Dictionary © Cambridge University Press)

"write-off" in Business English

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write-offnoun [C]

uk   us   /ˈraɪtɒf/
FINANCE, ACCOUNTING an ​amount of ​money that has been ​lost, for ​example, from a ​badinvestment or a ​debt that will never be ​paid, shown as a ​loss in a company's ​accounts: asset/bad-debt/goodwill write-offs The ​creditcardcompanyprojected that bad-debt write-offs would be $4.9 ​billion. charitable/​tax write-offs
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UK INSURANCE a ​vehicle that is too ​damaged to ​repair: Her ​car is a complete write-off.
(Definition of write-off from the Cambridge Business English Dictionary © Cambridge University Press)
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“write-off” in British English

“write-off” in Business English

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