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"has written off" is a correct and commonly used phrase in written English.
It is typically used to describe a situation where something is deemed as a loss or no longer valuable. It is often used in the context of finances or assets. Example: The company has written off the old equipment as it is no longer functional.
Exact(59)
It has written off another $5 billion since.
Calpers, he added, has written off its investment.
Labour has written off a generation of young people.
Maybe that's because he has written off half the country in this election".
It has written off a lot of debt and pushed for open trade.
The sports consultancy Lord Coe heads has written off nearly £3m of assets.
Motorola, which started it all, has written off more than $2.5 billion.
It has written off smaller investments in Know Bio, Jaan Health, Serenus and Cilatus Biopharma.
Much of the world has written off Syria's upcoming presidential election as a parody.
Is that outlook reflected in the stocks? A. The market has written off this year.
Laidlaw has written off an investment once valued at more than $1 billion.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com