Definitions
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun accounting An
adjustment ; a precise amount adjusted by an act of writing down or entering an asset and its value; a reduction of an asset, written down or otherwise recorded as such.
Etymologies
from Wiktionary, Creative Commons Attribution/Share-Alike License
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Examples
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It's also -- a writedown is the reduction in the value of your assets.
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A writedown is a reduction in the stated value of a business asset to reflect its current market value.
Market News 2009
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The other major contributor to the writedown was a decline in the Brick Group's market capitalization, which has remained below the carrying value of the group's net assets.
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And while the writedown is a tacit acknowledgement that Alcatel overpaid for some Lucent assets, Verwaayen says cleaning up the balance sheets will help the company as it reorganizes and refocuses its strategy.
BusinessWeek.com -- 2009
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Health care would not have had any effect on "your company" yet, or most likely ever, that would cause a "writedown" whatever the hell you mean by that.
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Wall Street Journal, has to do with the corporate "writedown" problem.
Political Animal Steve Benen 2010
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"A&E thought it would put them on the map, but ultimately they had to take some kind of writedown on it," says one source.
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The Company anticipates that it will have a $240 million non-cash fair value pre-tax gain on the Company's derivative commodity contracts during the fourth quarter, partially offset by an anticipated full cost pool ceiling test writedown which is currently expected to be less than $150 million.
GuruFocus Updates 2009
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E thought it would put them on the map, but ultimately they had to take some kind of writedown on it," says one source.
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E thought it would put them on the map, but ultimately they had to take some kind of writedown on it," says one source.
C - Advertising News 2010
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