write off (1)
Meaning: to accept that a debt or loan won't be paid back, or that an investment has been lost
- write sth off We won't get the money back, so we'll have to write it off as a bad debt.
- write off sth After accepting that the business was going to fail, they wrote off their investment.
write off (1): debt, loan, investment, shares, stocks
We wrote off the debt because the company that owed us the money had