- v. accounting To reduce an asset's book value to zero
- v. accounting To record an expenditure as an expense.
- v. accounting To remove a portion of a debt or an amount of an account owed to you counting it as a loss (as a gesture of goodwill for example)
- v. accounting To record a notional expense such as amortization or depreciation.
- v. Figuratively, to assign a low value to something.
- v. write something fluently, and without hesitation
- v. concede the loss or worthlessness of something or somebody
- v. cancel (a debt)
- v. reduce the estimated value of something
“The money would just go in Stettner’s pocket, but Thurman would get memos of nonexistent transactions and they’d be structured in such a way that he would ultimately be able to write off most of it as losses for tax purposes.”
“All of which made it easy to write off Mr. Hull as an opponent-until one morning in April or May, when I pulled out of the circular driveway of my condo complex on the way to the office and was greeted by row upon row of large red, white, and blue lawn signs marching up and down the block.”
“My partner at the time, Howard Zuker, raised $1 million through dentists and doctors investing $25,000 to $50,000 apiece, each of whom could write off seven or eight times that amount under the tax shelter laws then in place.”
“Had he been brash in his decision to write off Deeva?”
“At one time the Yipsoon Group had wanted to withdraw from the partnership and write off its losses, but the president of the Bangkok Bank persuaded it to stay and arranged for the capital to be increased from 260 million baht to 400 million baht.”
“Oh yes Mr.Pres. the statesman may declare he loves liberty — he may write off & polish long speeches (that never were delivered) and send them out in their travelling habilliments to the people; the philosopher may reason and calculate, the pedant & coward boast, and the scholar write learned essays on Government — the tyrant disdains and defys them; nor does Liberty res [t] 10 her temple on so frail a stamen.”
"Should the Office of Chief Magistrate Be Awarded to One Distinguished for His Military Services Rather Than to One Distinguished for His Civil Services?" Debate Speech of Perrin H. Busbee for the Dialectic Society, June 22, 1836
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