Word | Noun | Adjective | Verb | Adverb |
---|---|---|---|---|
wear and tear | Yes | No | No | No |
write-off | Yes | No | No | No |
wear and tear (noun) | write-off (noun) |
---|---|
decrease in value of an asset due to obsolescence or use | the act of cancelling from an account a bad debt or a worthless asset |
(accounting) reduction in the book value of an asset |