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write-down

[rahyt-doun]
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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.
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Origin of write-down

First recorded in 1930–35; noun use of verb phrase write down
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

Related Words

decline, reduction, decrease, write-down, markdown, devaluation, fall, slump, deflation

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