Write-Off

Definitions

1. An accounting recognition that an asset, receivable, or investment has lost value or should no longer be carried at its prior amount. In startup contexts, write-offs often come up in venture portfolios and bad-debt situations.

   In plain English: A formal recognition that something has lost value and should be reduced or removed financially.

   Example: "The fund treated the failed company as a full write-off in the annual letter."

Related Terms

• G&A
• Gross Revenue
• Net Income
• Cash Flow
• Net Revenue
• Operating Expense
• OpEx
• PnL
• Revenue