write down
phrasal verb

to note an asset at a lower value than previously

Examples
  • written down value

  • The car is written down in the company's books.

Usage
closing written-down value
the written-down value of an asset at the end or the beginning of an accounting period
Browse by Subjects
amortise
See All Related Terms »

statute law
industry
tax harmonisation
Over-The-Counter Bulletin Board (OTCBB)
investment grade debt instrument