Definitions from Wiktionary (write-off)

▸ 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 form of write off. [(accounting, transitive) To reduce the book value of (an asset) to zero.]
▸ Also see write-off

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