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write-down
[ rahyt-doun ]
noun
- a reduction of the entered value of an asset account.
- the procedure of reducing the recorded value of an asset, either by estimate or as a plan.
write down
verb
- tr to set down in writing
- tr to harm or belittle by writing about (a person) in derogatory terms
- intr; foll by to or for to write in a simplified way (to a supposedly less cultured readership)
- tr accounting to decrease the book value of (an asset)
noun
- accounting a reduction made in the book value of an asset
Word History and Origins
Origin of write-down1
Example Sentences
The company also took a $9 billion write-down on the value of its cable channels, including TNT.
Discovery took a $9-billion write-down for its basic cable channel group.
Discovery took a $9-billion write-down of the value of its basic cable networks group.
Late last week, Paramount alerted investors that it took a $6-billion write-down on its cable television networks business, in yet another sign that Hollywood is reckoning with the ongoing deterioration of the traditional television business.
Discovery’s sluggish performance and $9-billion write-down in the value of its cable TV channels is rattling investors, sending the beleaguered company’s stock on a steep slide.
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