writedown

Definition

Banking

• noun a reduction in the recorded value of an asset to comply with the concept of prudence. The valuation of stock at the lower of cost or net realisable value may require the values of some stock to be written down.

Nearby Definitions of “writedown”

• write protect
• write-protect tab
• write-through cache
• write time
• write-up
• writedown
• writer
• written-down allowance
• written question
• wrong
• wrong’un

Contexts for “writedown”

1 definition in context
• Banking