Definitions

from The American Heritage® Dictionary of the English Language, 5th Edition.

  • noun A cancellation of a worthless asset from a balance sheet.
  • noun The amount canceled or lost.
  • noun A downward adjustment in earnings or in the value of an asset on account of a loss or expense.

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • noun accounting The cancellation of an item; the amount cancelled or lost
  • noun Something that is now worthless (such as a car after an accident)
  • verb Nonstandard spelling of write off.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • noun (accounting) reduction in the book value of an asset
  • noun the act of cancelling from an account a bad debt or a worthless asset

Etymologies

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Examples

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