noun
writing off a debt; cancellation of a debt
Refers to the accounting act of removing a debt from the books, often used in the pattern 帳消しにする.
その借金は帳消しにしてもらった。
They wrote off that debt for me.
古い未収金を帳消しにする処理を行
We processed the write-off of old outstanding receivables.
noun
cancelling out; offsetting; making even
Used when gains and losses, pluses and minuses, or good and bad points cancel each other out, leaving a net zero effect.
今回の利益と損失が帳消しになって、結局プラスマイナスゼロだった。
The profits and losses this time cancelled each other out, so it ended up being a wash.
彼の長所と短所が帳消しで、評価が難しい。
His strengths and weaknesses offset each other, making him hard to evaluate.