write-off

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write-off

Informal something damaged beyond repair, esp a car
References in periodicals archive ?
The scooter's a writeoff and we're left paying the bill.
Since 1997, northerners were also blessed with a "regional bonus" of a further 10-per-cent tax writeoff.
CONFUSED motorists are being advised that they do not have to accept the first offer an insurance company makes on a vehicle which has been declared a writeoff.
There was a net loss of $394 million as against a gain of $21 million in 2001 because of charges for restructuring and consolidation, a tax writeoff for discontinued operations, and a change in accounting principle.
Pearce, Deltic's p resident and CEO, said the fourth-quarter results include a noncash writeoff of the company's investment in Del-Tin Fiber in the amount of $11.
Local cooperatives are likely to pass the loss through to their members as a tax writeoff.
6 million, including an $11 million one-time writeoff related to asset impairment charges at the company's Clorox unit.
A revaluation of the property owned by Whitbread PLC will result in a writeoff of more than 450 million pounds, according to a report in Britain's Independent newspaper.
Nope, it's UBS, a Swiss bank that was among the first to take a big writeoff - $18 billion - after falling into some common dysfunctional corporate behaviors, or "biases.
It is feared the new McLaren MP4-12C sports car, which was being taken on a test drive by a factory worker, is a writeoff following the prang with a Volkswagen.
The lifeguards came down and helped him and they eventually got the vehicle free, but it will be a writeoff now.
It will also incur noncash charges of approximately $25 million, substantially all in the fourth quarter of 2008, associated with the writeoff of manufacturing and development equipment and leasehold improvements of the Marlboro pilot facility.