write-down Hear it!

write-down Definition

write-down (rītdo̵un′)

noun

a reduction in the book value of an asset, as because of depreciation or a decline in market value

write-down Usage Examples

Preposition: of

  • asset: Discussions with management about the need for write-downs of fixed assets, investments or provisions against trade debtors.
  • goodwill: P&O will take a 240 million pound exceptional charge in the current financial year as a result of the review and write-down of goodwill.
  • debt: Some creditors may even accept write-downs of debt if they think the company will survive and prosper long term.

Converse of object

  • negotiate: IBAS has saved it's members in excess of £ 21 million in refunds, write-offs and negotiated write-down of debt.

Adjective modifier

  • non-cash: Included in the Q4 2005 net loss was $ 589 million of non-cash write-downs related to long-lived assets, goodwill and intangible assets.
  • such: Finally, the model suggests that international bankruptcy court proposals may be superior to existing contractual approaches in securing such write-downs.

Modifies a noun

  • cost: Negotiations continued on how to manage the write-down costs associated with the coalfield projects, particularly Snowdown.

Noun used with modifier

  • asset: The Group has also included in this figure asset write-downs of £ 236k associated with the planned closure of its Japanese subsidiary.
  • inventory: Gross margins were up, reflecting reasonable dial-up modem margins and reduced inventory write-downs.