Write down: Difference between revisions
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imported>Doug Williamson (Mend link.) |
imported>Doug Williamson (Add alternative spelling.) |
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A reduction in the legal or contractual amount of a financial obligation. | A reduction in the legal or contractual amount of a financial obligation. | ||
Also written ''write-down''. | |||
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* [[Principal write down]] | * [[Principal write down]] | ||
* [[Writing down allowance]] | * [[Writing down allowance]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
Latest revision as of 14:45, 9 January 2019
1. Financial accounting
A reduction in the accounting value of an asset.
For example, a reduction in the accounting net book value of a fixed asset.
2.
A reduction in the legal or contractual amount of a financial obligation.
Also written write-down.
