A decrease in a real property's or other asset's value, which is reflected in a downward adjustment of the property's book value. It usually does not result in any tax savings or deductions, until that loss has actually been realized (typically through sale or transfer).
Reduction of part of the balance of property by charging an expense or loss account. The reason for a write-down is that some economic event has occurred indicating that the asset's value has diminished.
the partial reduction in the value of an asset, recognizing obsolescence or other losses in value.
A reduction in the value of an investment. Write-off The exit from an investment at a valuation of zero.
A specific case of write-off. In general, this is the decrease in the book value of an asset if this is overstated compared with the current market value. Banks may also write down a loan (i.e. reduce its value on their books) when they think it might not be repaid in full. Français: Amortissement partiel Español: Reducir el valor contable, amortizar parcialmente
Reducing the book value of an asset if its is overstated compared to current market values.
Reducing the book value of an asset because it is overvalued compared to the market value.
The accounting procedure used when the book value of an asset is adjusted downward to better reflect current market value