A reduction in the estimated or nominal value of an asset.
〔财政〕（资产账面价值的）降低，划减
Example sentencesExamples
Further write-downs are expected as further bad news from recently floated companies take place.
Management appears to be acknowledging that its plans for working capital rationalisation will involve further significant write-downs on slow moving and discontinued stock.
Analysts foresee the spectre of further asset write-downs in coming quarters, which could increase pressure on finances.
Somewhere along the line, incredible economic wealth was destroyed, requiring enormous write-downs and a drastic reduction of the company's net worth.
A company may be far more reluctant to terminate an ongoing activity because to do so may require restatements of earnings and asset write-downs that could very well attract regulatory attention and prompt shareholder lawsuits.
Definition of write-down in US English:
write-down
nounˈraɪt ˌdaʊnˈrīt ˌdoun
Finance
A reduction in the estimated or nominal value of an asset.
〔财政〕（资产账面价值的）降低，划减
Example sentencesExamples
Somewhere along the line, incredible economic wealth was destroyed, requiring enormous write-downs and a drastic reduction of the company's net worth.
Further write-downs are expected as further bad news from recently floated companies take place.
Management appears to be acknowledging that its plans for working capital rationalisation will involve further significant write-downs on slow moving and discontinued stock.
A company may be far more reluctant to terminate an ongoing activity because to do so may require restatements of earnings and asset write-downs that could very well attract regulatory attention and prompt shareholder lawsuits.
Analysts foresee the spectre of further asset write-downs in coming quarters, which could increase pressure on finances.