Define: Write Down

UK Accounting Glossary

Definition: Write Down

Quick Summary of Write Down

A partial value reduction of an asset. A write-down is a non cash expense that affects profits.

What is the dictionary definition of Write Down?

Dictionary Definition

A reduction in the value assigned to a transaction in the accounts when a company or a bank believes that a transaction will not deliver the promised outcome.

This precautionary move is intended to prevent decisions being made on the basis of overly optimistic forecasts.


Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Write Down. Payroll & Accounting Heaven Ltd. February 26, 2020
Chicago Manual of Style (CMS):
Write Down. Payroll & Accounting Heaven Ltd. (accessed: February 26, 2020).
American Psychological Association (APA):
Write Down. Retrieved February 26, 2020, from website:

Definition Sources

Definitions for Write Down are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 28th December 2018.