Lingaku- (accounting) to charge against
- to write off
Generated: This meaning refers to the act of deducting an amount from an account or financial statement, typically to account for losses or bad debts.
We need to write off that bad debt.
Generated: This meaning also relates to the accounting context, indicating that a debt or asset is considered uncollectible and is removed from the financial records.
The bank has decided to write off the uncollectible loan.