avskrivna

Avskrivna is a Swedish term that translates to "written off" or "canceled" in English. It is commonly used in financial and accounting contexts to refer to assets or debts that are no longer considered recoverable or valuable.

In accounting, when an asset is deemed to have no further economic value or is lost or stolen, it is "avskriven" from the company's balance sheet. This means its value is reduced to zero, and it is no longer carried as an asset. This process is often referred to as a write-off. Similarly, if a debt is considered uncollectible, such as a loan to a bankrupt customer, it can be "avskriven" as a bad debt. This recognizes the loss for accounting purposes.

The term can also be used in a broader sense to describe situations where something is deemed unimportant, forgotten, or no longer relevant. For instance, a project that has been abandoned or a proposal that has been rejected might be described as "avskriven." The core idea is that it has been removed from active consideration or valuation.