write-down

[rahyt-doun]

write-down

[rahyt-doun]
noun Accounting.
1.
a reduction of the entered value of an asset account.
2.
the procedure of reducing the recorded value of an asset, either by estimate or as a plan.

Origin:
1930–35; noun use of verb phrase write down
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2012.
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Write-down is always a great word to know.
So is quincunx. Does it mean:
an arrangement of five objects, as trees, in a square or rectangle, one at each corner and one in the middle.
an extraordinary or unusual thing, person, or event; an exceptional example or instance.
WordNet
write-down

noun
(accounting) reduction in the book value of an asset [syn: write-off
WordNet® 3.0, © 2006 by Princeton University.
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