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.
