write-off ( synonym found)

Definition of write-off:

(n) : the cancellation of an item; the amount cancelled or lost; something that is now worthless (such as a car after an accident)
(v) : to reduce an asset's book value to zero; to amortize over a period

Definition of write-off:

(n) : the cancellation of an item; the amount cancelled or lost; something that is now worthless (such as a car after an accident)
(v) : to reduce an asset's book value to zero; to amortize over a period

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