Home > Terms > English, UK (UE) > Write-off
Write-off
If a vehicles's value is less than the cost to repair it, an insurance company will declare the vehicle a 'write-off'. In some instances it may be more cost effective to replace your vehicle than to repair it.
This is auto-generated content. You can help to improve it.
0
0
Improve it
- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: Auto loans
- Company: Mercedes-Benz
- Product:
- Acronym-Abbreviation:
Other Languages:
Member comments
Terms in the News
Featured Terms
Industry/Domain: Computer Category: USB devices
use with extreme caution (UEC)
UEC is a nickname that the ubiquitous USB (or universal serial bus) drive has acquired in recent years due to its security vulnerability. USB drives ...
Contributor
Featured blossaries
Browers Terms By Category
- Nightclub terms(32)
- Bar terms(31)
Bars & nightclubs(63) Terms
- Ceramics(605)
- Fine art(254)
- Sculpture(239)
- Modern art(176)
- Oil painting(114)
- Beadwork(40)
Arts & crafts(1468) Terms
- SSL certificates(48)
- Wireless telecommunications(3)
Wireless technologies(51) Terms
- Hair salons(194)
- Laundry facilities(15)
- Vetinary care(12)
- Death care products(3)
- Gyms(1)
- Portrait photography(1)
Consumer services(226) Terms
- ISO standards(4935)
- Six Sigma(581)
- Capability maturity model integration(216)