write-off

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write-off

Informal something damaged beyond repair, esp a car
Collins Discovery Encyclopedia, 1st edition © HarperCollins Publishers 2005
References in classic literature ?
Now, you get a bit of paper and write down, J., and you get the grocery catalogue, George, and somebody give me a bit of pencil, and then I'll make out a list."
Global Banking News-February 12, 2018--Credit Suisse could face legal action for write downs
M2 EQUITYBITES-January 15, 2018-Solar reports preliminary results for 2017; Announces write downs on goodwill and customer lists
Skanska AB (STO: SKAB) on Friday reported that its operating income is about SEK1.5bn for the second quarter 2017, including write downs of SEK780m in US and UK in total.
"I expect to see more write downs, driven by a combination of the accounting rules and commercial necessity."
Global Banking News-February 23, 2011--Bank of America increases write downs on FIA Card Services(C)2011 ENPublishing - http://www.enpublishing.co.uk