1
: an elimination of an item from the books of account
2
a
: a reduction in book value of an item (as by way of depreciation)
b
: a tax deduction of an amount of depreciation, expense, or loss
3
chiefly British
: something (such as a damaged vehicle) or someone regarded or conceded as a loss
wrote off; written off; writing off; writes off
1
: to eliminate (an asset) from the books : enter as a loss or expense
write off a bad loan
2
: to regard or concede to be lost
most were content to write off 1979 and look optimistically ahead—Money
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Merriam-Webster unabridged
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