write-off :

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write-off


  • n  (accounting) reduction in the book value of an asset
  • n  the act of cancelling from an account a bad debt or a worthless asset

  • The write-off was hardly a "political theft" since 913 power projects, including some in Byrd's own state, have received similar tax breaks in the past seven years.
  • By getting his financing from the German government, he is essentially able to write-off most of the film's losses.
  • After a six-month suspension of the controversial fast tax write-off program, the Office of Defense Mobilization reopened it last week.
News & Articles

  • icandrive.ca Provides Tips on Handling a Vehicle Write-Off
    A write-off is what happens with the cost to repair a vehicle is higher than the value of the vehicle itself. While write-offs are unfortunately all too common, many drivers aren’t aware of the procedure for writing off a vehicle or their rights during the settlement process with their insurance company . (PRWeb June 12, 2013) Read the full story at http://www.prweb.com/releases/2013/6 ...
    June 13, 2013 - PRWeb

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