derecognise
C2CEFR level
85/100Rarity: very rare
TechnicalRegister
To remove an asset or liability from the balance sheet.
Once the machine was scrapped, its carrying amount was derecognised and the loss taken to the income statement.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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