Definition of write-down in English:
A reduction in the estimated or nominal value of an asset.
- A company may be far more reluctant to terminate an ongoing activity because to do so may require restatements of earnings and asset write-downs that could very well attract regulatory attention and prompt shareholder lawsuits.
- Analysts foresee the spectre of further asset write-downs in coming quarters, which could increase pressure on finances.
- Somewhere along the line, incredible economic wealth was destroyed, requiring enormous write-downs and a drastic reduction of the company's net worth.
Definition of write-down in:
- US English dictionary
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Canada
Most popular in Australia
Most popular in Malaysia
Most popular in Pakistan