Write down: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson m (Categorise.) |
imported>Doug Williamson (Add alternative spelling.) |
||
| Line 9: | Line 9: | ||
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''. | |||
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.
