write-down
Recorded value decrease
A write-down is a reduction in the recorded value of an asset on a company's books, reflecting that it's worth less than previously stated: The bank took a $2 billion write-down on its mortgage portfolio.
Write-downs acknowledge losses before assets are sold, affecting reported earnings.
The verb form is two words: They had to write down the value of their inventory.
Diminished function or capacity
- book valueAsset minus accumulated depreciation
- goodwillKindly, generous spirit
- asset valueWhat property fetches
- balance sheetAssets-liabilities-equity report
charge-off · fair value · intangible assets · fixed assets · journal entry · GAAP · revaluation · amortization
Diminished function or capacity
- diminishTo make smaller
- decreaseBecome or make smaller
- lowerReduce or move downward
- depreciateLose value over time
decline · reduce · markdown · downgrade · devalue · cheapen · undervalue · discount
Diminished function or capacity
- deficitAmount still owed
- shortfallFailure to reach quota
- lossesThings subtracted from standing
- underwaterBelow the surface
unprofitable · bad debt · charge-off · provision · reserve · restructuring · sunk cost
impairment
Diminished function or capacity
- book valueAsset minus accumulated depreciation
- goodwillKindly, generous spirit
- asset valueWhat property fetches
balance sheet · charge-off · fair value · intangible assets · fixed assets · journal entry · GAAP · revaluation · amortization · audit
impairment
Diminished function or capacity
depreciate · decline · reduce · markdown · downgrade · devalue · cheapen · undervalue · discount · lessen
impairment
Diminished function or capacity
underwater · unprofitable · bad debt · charge-off · provision · reserve · restructuring · sunk cost
- financebank, CFO, banks, controller, finance
- business proceduresrecording, processing, documenting, approving, verifying
- financial eventsmerger, acquisition, IPO, bankruptcy, takeover
- financial lossesnet loss, operating loss, capital loss, profit loss, revenue loss
- intangible assetsintangible assets, patent, copyright, trade secret, brand
- Asset Valuationasset value, book value, fair value, fair market value, market value