Write off
/ˈrʌɪtɒf/B2
UpperIntermediate
1. To regard something as a loss that cannot be recovered, especially in a financial context.
- The company decided to write off the bad debt after several months of no payment.
- The old equipment was fully depreciated, so they wrote it off their books.
2. To dismiss someone or something as unimportant or not worth considering.
- Many critics initially wrote off the film as a failure, but it became a cult classic.
- Don't write off her ideas too quickly; she might have some valuable insights.
3. In the context of insurance, it means to declare a vehicle or property as a total loss and not worthy of repair.
- The car was so damaged after the accident that the insurance company had to write it off.
- The flood left the building severely damaged, and it was written off by the insurers.
Synonyms:
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