write-off
REDUCTION IN RECOGNIZED VALUE OF AN ENTITY
Write down; Goodwill writedown; Written off; Write-down; Writeoff; Writedown; Writedowns; Totalled; Write off; Tax write-off; Tax writeoff
¦ noun
1. Brit. a vehicle that is too badly damaged to be repaired.
2. informal something completely useless or unproductive.
3. Finance a cancellation from an account of a bad debt or worthless asset.