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write off (1)

Meaning: to accept that a debt or loan won't be paid back, or that an investment has been lost

For example:

  • 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.

Nouns often used as objects with
write off (1): debt, loan, investment, shares, stocks

Quick Quiz:

We wrote off the debt because the company that owed us the money had
  1. been sold
  2. gone bankrupt
  3. gone public

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