write-off

• Nom désignant l'action de passer par pertes et profits, c'est-à-dire de réduire la valeur comptable d'un actif ou d'annuler une créance ou un actif jugé irrécouvrable ou déprécié.

A noun referring to the reduction in the book value of an asset or the cancellation of a bad debt or worthless asset from an account.

1. Accounting: Asset value reductionB2formalbusiness

   A reduction in the recorded value of an asset, often due to damage, obsolescence, or a decline in market value.

   Réduction de valeur d'actif

   • The company had to take a write-off on its outdated inventory.
   • After the flood, the damaged machinery was declared a write-off.
   • The accountant recorded a significant write-off for the impaired assets.

   Synonymesdevaluationimpairmentwrite-down

2. Cancellation of a bad debtB2formalbusiness

   The act of removing a debt or worthless asset from the financial accounts, acknowledging it will not be recovered.

   Passation par pertes

   • The bank processed a write-off for the unpaid loan.
   • The business had to declare the unpaid invoices as a write-off.
   • A tax write-off can reduce the amount of income tax owed.

   Synonymescancellationdeductionremovalwrite-down