writedown

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See also: write-down and write down

English

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Etymology

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Deverbal from write down.

Noun

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writedown (plural writedowns)

  1. (accounting) An adjustment; a precise amount adjusted by an act of writing down or entering an asset and its value; a reduction of an asset, written down or otherwise recorded as such.
    Coordinate terms: writeoff, write-off
    • March 11 2022, David Hytner, “Chelsea are in crisis but there is no will to leave club on their knees”, in The Guardian[1]:
      If Chelsea were to fall foul of profit and sustainability, they would be expected to cite unforeseen circumstances, much as some clubs have claimed Covid writedowns: their books would have been sound but for the pandemic.

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Anagrams

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