write-down
[rahyt-doun]
noun Accounting.
a reduction of the entered value of an asset account.
the procedure of reducing the recorded value of an asset, either by estimate or as a plan.
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. 2019
Related Words for write-down
decline, reduction, decrease, markdown, devaluation, fall, slump, deflationExamples from the Web for write-down
Contemporary Examples of write-down
The write-down basically erases all the money HP made last quarter.
News Corp. then announced that it had lost $6.4 billion in its second quarter and was taking an $8.4 billion write-down.