Write off Meaning in English
expression
Definition
To remove something from an account because it is seen as lost, uncollectible, or no longer valuable; also, to treat an expense as deductible for tax purposes.
Usage & Nuances
Common in business and finance. 'Write off a debt' (accept no payment will come), 'write off taxes' (declare an expense to reduce taxes), and informally 'write off' can mean to stop caring about something or someone. Often appears as a noun: 'tax write-off'.
Example Sentences
The bank had to write off the loan because the customer could not pay.
basic
You can write off your business travel expenses on your taxes.
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After the accident, they had to write off the car.
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If a customer doesn’t pay for years, most companies will just write off that debt.
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She tried fixing the old computer, but eventually had to write it off as a loss.
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Small expenses can add up, so don’t forget to write them off when filing your taxes.
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