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.


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Cite Term


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Page URL
https://payrollheaven.com/define/write-down/
Modern Language Association (MLA):
Write Down. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. February 26, 2020 https://payrollheaven.com/define/write-down/.
Chicago Manual of Style (CMS):
Write Down. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/write-down/ (accessed: February 26, 2020).
American Psychological Association (APA):
Write Down. PayrollHeaven.com. Retrieved February 26, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/write-down/

Definition Sources


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

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

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