write-back noun [C,U]

(Accounting )

a situation where money that had been kept to deal with a possible loss or expense is no longer needed; an amount of money entered in the profit side of financial records because of this:

This credit represented a write-back of a provision made against a long-running court case.

Sales exceeded the value of the loan, resulting in write-backs of over €10 million.

• corporate social responsibility
• corporate strategy
• corporate structure
• corporate veil
• corporate venturing
• corporation
• corporation tax
• corporatize
• correction
• correspond
• correspondence
• correspondence course
• correspondent
• correspondent bank
• corresponding
• corrupt
• corruption
• cosmeceutical
• cosmetic
• cost
• cost accounting
• cost allocation
• cost and freight
• cost base
• cost benefit