Writeoffs definitions

Writeoffs

1) Components of some losses
Found on https://www.crosswordclues.com/clue/writeoffs

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Writeoffs

Amounts deducted from a company’s reported profit for depreciation or preproduction costs. Writeoffs are not an out-of-pocket expense but reduce the amount of taxable profit.
Found on https://www.encyclo.co.uk/local/22734

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