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write-down

 - 3 dictionary results

write-down

  [rahyt-doun]
Use write-down in a Sentence
–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; n. use of v. phrase write down
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
Cite This Source Link To write-down
write-down   (rīt'doun')
n.   Accounting
A reduction of the entered value of an asset.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Financial Dictionary

Write-Down

Reducing the book value of an asset because it is overvalued compared to the market value.

Investopedia Commentary

This is usually reflected in the company's income statement as an expense, thereby reducing net income.

Related Links

Understanding The Income Statement
Understanding Pro-Forma Earnings

See also: Book Value, Write-Off, Write-Up, Written-down Value

Also spelled: Writedown

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