write-off

[rahyt-awf, -of]

noun

a cancellation from the accounts as a loss.
an uncollectable account.
a reduction in book value; depreciation.
Informal. a person or thing that is given up as hopeless or pointless: Joe's college career is a write-off.

Origin of write-off

First recorded in 1745–55; noun use of verb phrase write off
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

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Contemporary Examples of write-off