write down

Definition

Make a downward adjustment in the accounting value of an asset. opposite of write up.

Use write down in a sentence

I made sure to write down everything I liked about the firm and how much we always sent on everyday things.

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Due to a lower property value received on the house, the mortgage company decided to take a write down on it.

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The broker initiated a write down of the industrial stock as the stock was completely overvalued and it became more and more likely that the portfolio would not stand to make any gains on this stock.

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impaired asset write up