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write-down
[rahyt-doun]
noun
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.
write down
verb
(tr) to set down in writing
(tr) to harm or belittle by writing about (a person) in derogatory terms
(intr; foll by to or for) to write in a simplified way (to a supposedly less cultured readership)
(tr) accounting to decrease the book value of (an asset)
noun
accounting a reduction made in the book value of an asset
51Թ History and Origins
Origin of write-down1
Idioms and Phrases
Set down in writing, record, as in Please write down your new address and phone number . [Late 1500s]
Reduce in rank, value, or price, as in They've written down their assets . [Late 1800s]
Write in a simple or condescending style, as in These science texts are written down for high-school students . [Second half of 1800s]
Example Sentences
The company took a $6-billion write-down on its cable television networks business, in yet another sign that Hollywood is reckoning with the ongoing deterioration of the traditional television business.
Last summer, the company took a $9 billion write-down to reflect the lower value of those basic cable channels.
In August, Paramount took a $6-billion write-down to account for the declining value of its cable television portfolio and so it entered the negotiations with Google with a weaker hand.
In August, Paramount took a $6-billion write-down to account for the declining value of its cable television portfolio.
Its film studio was in such a slump that Tokyo parent company Sony Corp. took a nearly $1 billion write-down just months before Vinciquerra was announced as the new chief executive and chairman.
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