What is another word for write offs?

Pronunciation: [ɹˈa͡ɪt ˈɒfs] (IPA)

Write offs are expenses that are deemed non-deductible by the Internal Revenue Service (IRS). While the term "write off" is commonly used in the context of taxation, there are other words and phrases that can be used to describe this accounting concept. For instance, a write off can be referred to as a non-reimbursable expense, a disallowed expense, or a loss. Other synonyms for write offs include allowances, deductions, clearance sales, and consignments. No matter the phrasing used, write offs represent a financial loss for the business and should be carefully monitored and recorded in your company's financial records.

Synonyms for Write offs:

What are the hypernyms for Write offs?

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

What are the opposite words for write offs?

The phrase "write offs" refers to an accounting term that describes a situation where a company or individual writes off a portion of a debt or an asset as uncollectible or unusable. The antonyms for "write offs" can include "recovery," "collecting," "redeeming," "regaining," "salvaging," and "restoring." These words imply that the amount written off or deemed unusable is now recoverable, collected, restored to its original value, or redeemed in some way. These antonyms are crucial in accounting as they demonstrate that the losses incurred during business operations can be recovered or restored. Thus, the antonyms for "write offs" can signify hope and a positive outlook for financial situations that were once labeled as uncollectible or unusable.

What are the antonyms for Write offs?

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