writes off

Meanings

• Verb

  The act of canceling or eliminating an obligation, debt, or liability.

• Verb

  To reject or discard something as no longer useful or valid.

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Variants

List of all variants of writes off that leads to same result
write off , writes off , writing off , written off , wrote off

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Etymology

origin and the way in which meanings have changed throughout history.

The term 'writes off' is believed to have originated from the accounting practice of recording a debt as having been paid by writing it off in the accounting records.

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. The term 'writes off' is also used in the context of computer programming to describe the process of freeing up memory that is no longer being used.

2. In some accounting systems, writes off are recorded as a credit to an expense account.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. Accounting: Writes off are a common practice in accounting to eliminate bad debts or obsolete inventory.

2. Finance: Writes off are also used in finance to eliminate losses or liabilities.

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Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

In literature, 'writes off' is often used metaphorically to describe a person giving up on a relationship or situation. In music, the term 'write off' is used in the context of record keeping for songwriting royalties.

How to Memorize "writes off"

1. visualize
   

   - Visualize writing a debt or obligation down on paper and crossing it out.

2. associate
   

   - Associate the term 'writes off' with the idea of canceling or eliminating something.

3. mnemonics
   

   - Use the mnemonic 'Write it off, it's gone for good' to remember the meaning of 'writes off'.

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