Word info

writedown

Noun

Meaning

writedown (plural writedowns)

(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.

Source: en.wiktionary.org

Anagrams

Examples

It’s believed to be the largest such writedown in Exxon history. Source: Internet

This is after considering the writedown of ₹8,415 crore of AT 1 bonds (the Cabinet’s approved scheme had no mention of it). Source: Internet

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