What is another word for writeoff?

Pronunciation: [ɹˈa͡ɪtɒf] (IPA)

Writeoff is a financial term used to refer to something that has been declared as a loss or expense that cannot be recovered. Some synonyms for writeoff include charge-off, cancellation, annulment, forfeiture, and non-collectible. Charge off is used to refer to the removal of an unpaid debt or expense from a company's books. Cancellation refers to the nullification of an entry in the books or account, and annulment means the same but with legal connotations. Forfeiture and non-collectible refer to something that has been lost or cannot be recovered. In general, these synonyms have a negative connotation and represent a financial setback or loss.

What are the hypernyms for Writeoff?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the opposite words for writeoff?

The word "writeoff" refers to the cancellation of a debt or the recognition of a loss. Its antonyms are "asset," "income," and "profit," which all denote valuable resources or gains. An asset is anything that a company owns that can provide future economic benefits. Income refers to the money earned by a person from a job or investment. Profit is the amount of revenue minus expenses, which indicates the success of a business. These words all contrast with "writeoff," which indicates a negative financial situation. While a writeoff may seem unfavorable, understanding its antonyms can provide insight into financial success.

What are the antonyms for Writeoff?

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