Words / W / Business

writeback

noun/ˈraɪtbæk/

C2CEFR level
80/100Rarity: very rare
TechnicalRegister

The reversal of a previously recognised provision or impairment.

The writeback of last year's inventory provision boosted this quarter's gross margin without a single extra sale.

Similar: reversal

Topic: Accounting in Business English

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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More business words: Accounting