bn:00081707n
Noun Concept
Categories: Expense, Valuation (finance)
EN
write-off  write-down  revaluation of fixed assets  Goodwill writedown  Tax writeoff
EN
(accounting) reduction in the book value of an asset WordNet 3.0
Definitions
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EN
In finance, a revaluation of fixed assets is an action that may be required to accurately describe the true value of the capital goods a business owns. Wikipedia
A write-off is a reduction of the recognized value of something. Wikipedia
Accounting procedure that is used when an asset is uncollectible and is therefore charged-off as a loss. OmegaWiki
A depreciation, or a lowering in the price or value of something. Wiktionary