Thread: Write off

Hi everyone!!

Here is a subject that I am not familiar with.
I have this term and the definition, but I need a translation

Write-off: pasar a pérdida. Reducir o eliminar el valor de un activo.
Write-off: to charge an asset amount to expense or loss, in order to reduce the value of that asset and one's earnings.

Is there a specific term in Spanish?
How can I translate balance write-off?

Verónica, parece mentira ...¡¡sin contexto!!!

Pone la frase y te diremos. Normalemente es cancelación (de un crédito)

Originally Posted by Veronica

Write-off: to charge an asset amount to expense or loss, in order to reduce the value of that asset and one's earnings.

Is there a specific term in Spanish?
How can I translate balance write-off?

Sí Vero, de acuerdo a tu definición es "amortizar" o "amortización"

Balance write-off es la cancelación, amortización o anulación del saldo pendiente o monto pendiente en el balance.

Hope it helps!

amortización / castigo / anulación / cancelación

Cualquiera de estos términos son correctos chicas... Ya tenés para elegir Vero!! jaja Suerte!

I couldn't give more context (or I didn't dare) because of a tight NDA agreement.
But finally, the client chose "cancelación", which was the one already there, luckily!!
Thanks everyone!