Writeoff

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Write-Off

A reduction in an individual's or a company's income as the result of an expense. For example, an unpayable credit sale may be a write-off for the creditor, especially if the debtor declares bankruptcy. The bankruptcy means that the debtor is unable to pay the debt, which results in a loss of income for the creditor. A write-off may usually be deducted from one's taxable income.

writeoff

A reduction to zero in the value of an asset carried on a firm's financial statement. Companies often hesitate to make writeoffs because profits reported to stockholders are reduced.

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Writedown			The lifeguards came down and helped him and they eventually got the vehicle free, but it will be a writeoff now. MAN LEFT WITH SINKING FEELING by Evening Chronicle (Newcastle, England) The hefty writeoff will lead to an operating loss for Time Warner, the sector leader which owns Warner Brothers studios, Time Life publishing and other operations. Time Warner to take 25 billion-dollar writedown by AFP / AFP American Edition The hefty writeoff will lead to an operating loss for Time Warner, the sector leader which owns Warner Brothers studios, Time Life publishing and other operations. Time Warner to take 25 billion-dollar writedown by AFP / AFP Global Edition			Wrap Account Wrap Fee Wrap-Around Mortgage Wraparound Wraparound Annuity wraparound mortgage Wright Brothers Wrinkle Wrinkled Wrinkles Writ Writ of Attachment writ of certiorari writ of ejectment Writ of Error writ of execution Writ of Seizure and Sale Write Write Down Write Off Write Out Write-Back write-down write-off Writedown Writeoff Writer Writeup Writing Writing Cash-Secured Puts Writing Naked Writing puts to acquire stock Writing-Down Allowance Written-Down Value Wrong-way risk Wrongful Act Wrongful Death Wrongful Dishonor Wrongful Dismissal Wrongful Termination Clause Wrongful Termination Lawsuit WS WST WT WTI WW WYSIWYG WYSIWYP X X or XD XAF			Write-Through with Deferred Update Write-thru Write-thru Write-thru Write-thru write-up write-up write-up write-up write-ups write-ups write-ups write-ups writeable Writeable control store WRITEACOURSE Writeback Writeback Writebacks Writebacks Writedown Writedown Writedown Writedown Writedowns Writedowns Writedowns Writedowns Writely Writely.com Writeoff Writeoffs Writeoffs Writeoffs Writeoffs writer writer writer writer writer writer Writer and Free Thinker at Large Writer Compensation Program Writer for Rent Writer of the tallies Writer to the signet Writer to the signet Writer to Writer writer's block writer's block writer's block Writer's blocks Writer's blocks writer's cramp writer's cramp writer's cramp writer's cramp Writer's Digest Book Club Writer's Festival writer's name Writer's Round Table

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