write-offs

[US]/[ˈraɪtɒfs]/
[UK]/[ˈraɪtɒfs]/
Frequency: Very High

Translation

n.The total amount of debts or assets that a company has decided not to pursue or recognize as losses.; Items or expenses that are written off as losses.; A reduction in the value of an asset due to obsolescence or damage.
v.To reduce the value of an asset or debt.

Phrases & Collocations

write-offs increase

record write-offs

major write-offs

future write-offs

analyzing write-offs

total write-offs

past write-offs

report write-offs

high write-offs

account write-offs

Example Sentences

the company absorbed significant write-offs due to the faulty product line.

we need to carefully analyze the potential write-offs before making a decision.

the accounting team is reviewing the bad debt write-offs for the quarter.

inventory write-offs can significantly impact the company's profitability.

the loan had substantial write-offs after the borrower defaulted.

tax write-offs can help reduce a business's overall tax burden.

we are exploring options to minimize future asset write-offs.

the auditor flagged several questionable write-offs during the review.

investment write-offs can be a sign of poor investment decisions.

the bank recorded large write-offs on its mortgage portfolio.

we are implementing stricter controls to prevent future write-offs.

Popular Words

Explore frequently searched vocabulary

Download App to Unlock Full Content

Want to learn vocabulary more efficiently? Download the DictoGo app and enjoy more vocabulary memorization and review features!

Download DictoGo Now