write-down


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write-down

(rīt′doun′)
n. Accounting
A downward adjustment in the value of an asset.
ThesaurusAntonymsRelated WordsSynonymsLegend:
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

write-down

noun
A lowering in price or value:
References in periodicals archive ?
Rio took a pounds 292.6 million write-down for its US Kennecott copper operation and a pounds 143 million write-down for its Iron Ore Company of Canada.
This reflects their higher loss-severity risk relative to senior unsecured instruments, which is due to their subordinated status, the presence of a non-viability clause and the partial, rather than mandatory, full write-down feature at the point of non-viability.
NORDIC BUSINESS REPORT-February 9, 2016-Peab reports SEK800m write-down in Mall of Scandinavia project in Solna
Global Banking News-May 27, 2014--Australia's Suncorp plans AUD500m write-down, revises growth target
The poll also showed a total of 370 companies plan to conduct a lump-sum write-down of all of their respective shortages in closing their books on March 31 next year.
This is due to their subordinated status, the presence of a non-viability clause and the partial rather than mandatory full write-down feature at the point of non-viability.
Smith, the Q4 2015 results include a USD4.3m pre-tax write-down of the carrying value of crude oil inventories within the marketing segment and a USD10.9m pre-tax write-down in the carrying value of capitalized oil and gas property costs.
The Gunnebo Security Group (STO:GUNN.ST), a provider of security solutions, announced yesterday that its fourth quarter 2013 results will be burdened by EUR5.0m as a result of an assignment and a write-down of loans related to the divestment of Perimeter Protection (Perimeter) to Procuritas Capital Investors IV (Procuritas) carried out during 2011.
The bank has announced a EUR300m write-down on goodwill, primarily associated with its Romanian subsidiary, BCR.
M2 EQUITYBITES-February 17, 2016-Peab's results for 2015 affected by write-down of Mall of Scandinavia project
NORDIC BUSINESS REPORT-January 21, 2013-Peab announces write-down of SEk250m in Norway construction operations(C)2013 M2 COMMUNICATIONS http://www.m2.com
A bank will have to convert or write-down the instrument upon the occurrence of a trigger event when the capital adequacy ratio of the issuing bank (without account for the instrument) falls below 6.25%.