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What does Write-off mean?

The removal of an asset from the books because it has no value or is uncollectible.

Write-off in a sentence
The company had to perform a write-off for the uncollectible accounts receivable.

Write-off in German, French, Spanish and Italian

German
Abschreibung

Vollständige Ausbuchung eines wertlosen Vermögensgegenstandes.

French
radiation
also passation par pertes et profits

Radiation d'un actif du bilan car il a perdu toute sa valeur.

Spanish
dar de baja
also cancelación (de deuda)

Eliminación de un activo de los registros por considerarse incobrable.

Italian
cancellazione
also svalutazione

Eliminazione contabile di un credito o di un bene privo di valore.

Synonyms and opposites for Write-off

  • Synonym Cancellation
  • Synonym Derecognition

More Corporate Culture terms

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