1. Concede the loss or worthlessness of something or somebody
   "The company had to write off the failed investment"
    
2. Cancel (a debt)
   "The bank wrote off the uncollectible loans"
    
3. Reduce the estimated value of something
   "For tax purposes you can write off the laser printer";
   - expense, write down
    
4. Write something fluently, and without hesitation
   "She wrote off a quick response to the email"

1. (accounting) reduction in the book value of an asset
   "The company took a significant write-off on its obsolete inventory";
   - write-down
    
2. The act of cancelling from an account a bad debt or a worthless asset
   "The company's annual write-off of uncollectible debts improved its financial statement"; "The insurance claim resulted in a total write-off of the damaged vehicle"

Derived forms: wrote off, writes off, writing off, written off, write-offs

Type of: acknowledge, admit, cancel, cancelation [US, rare], cancellation, compose, depreciate, depreciation, indite [archaic], pen, strike down, wear and tear, write

Encyclopedia: Write off