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write-down

   Also found in: Medical, Legal, Financial, Encyclopedia, Wikipedia 0.02 sec.
write-down (rtdoun)
n. Accounting
A reduction of the entered value of an asset.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.write-down - (accounting) reduction in the book value of an asset
accounting - a system that provides quantitative information about finances
wear and tear, depreciation - decrease in value of an asset due to obsolescence or use
deduction, tax deduction, tax write-off - a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket


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Global write-downs of toxic debt among banks and other financial institutions in the United States, Europe and Japan could reach $4.
Bovis also warned they were expecting to make a write-down on their inventory in December.
Bovis also warned that it is expecting to make a write-down on its inventory in December.
 
 
 
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