write off; offset entries
Tone colorsmāmámǎmàma
Meanings
1 sense · 4 examplesverb
to write off; to offset accounting entries
formalA professional accounting and financial term. Refers to the process of reducing or eliminating an amount in an account, often to cancel out a corresponding debit or credit.
Gōng公
sī司
jué决
dìng定
chōng冲
xiāo销
zhè这
bǐ笔
huài坏
zhàng账
。
The company decided to write off this bad debt.
Nián年
dǐ底
xū需
yào要
jìn进
xíng行
zhàng账
mù目
chōng冲
xiāo销
。
At the end of the year, accounting entry offsets need to be performed.
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Zhè这
bǐ笔
yù预
fù付
kuǎn款
jiāng将
yǔ与
hòu后
xù续
de的
fā发
piào票
jīn金
é额
chōng冲
xiāo销
。
This advance payment will be offset against the amount on the subsequent invoice.
Duì对
chōng冲
jiāo交
yì易
tōng通
guò过
mǎi买
rù入
hé和
mài卖
chū出
chōng冲
xiāo销
fēng风
xiǎn险
。
Hedging transactions offset risks by buying and selling.