write off

Meanings

1. To reduce the book value of (an asset) to zero.
2. To record (an expenditure) as an expense.
3. To remove a portion of a debt or an amount of an account owed, counting it as a loss (as a gesture of goodwill for example).
4. To record a notional expense such as amortization or depreciation.
5. To treat as a write-off, a total loss, especially something damaged beyond economic repair.
6. To assign a low value to (somebody or something).