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write-down

write-down

4 6.4
A reduction in the value of something a company owns to show it is now worth less
  • noun
  • /ˈraɪtˌdaʊn/
  • Specialized
translation icon : ajuste contable
  • Hudson/Keen et al. call for a debt jubilee, or at the very least a write-down of private debt to the ability to pay.
  • billion write-down
  • million write-down
  • write-down of goodwill

Well, now folks, you have phase two of a bear market and that is the write down of earnings per share.

Examples

  • The estimates for further subprime write-downs run into the tens of billions of dollars.

    Blog text (1)
  • JPMorgan Chase similarly reported that around half of their $3 billion in write-downs comes from investor-owned loans.

    Blog text (13)
  • Well, now folks, you have phase two of a bear market and that is the write down of earnings per share.

  • And to date, European banks have recognized a smaller share of total likely write-downs than U.S. banks have.

    Academic text (2009)
  • And this does not even take into account the adverse effect the debt write-down would have on Greek banks.

    Academic text (2012)
  • Banks, both the US and overseas, and investment banks are beginning to report large losses due to the write-down of mortgage debt.

    Blog text (27)
  • Amazon reported a wider net loss than it expected, largely because of a massive write-down it made in conjunction with its investment in LivingSocial.

    Blog text (25)
  • One notable option for struggling homeowners from Romney is the Shared Appreciation Modification, in which the lender agrees to write down the principal of a mortgage and then get a percentage of the price increase when the home is sold.

    Blog text (30)
  • Even if a more general write-down of Greek debt were to cut Greece's existing interest payments in half, the deficit would still be six percent of Greece's GDP, and the debt-to-GDP ratio would rise to 165 percent of GDP at the end of 12 months.

    Academic text (2012)
  • Disney reported a $157 million write-down on its Vice stake due to declining market conditions.

Antonyms

524 1.0

The extra amount added to something to make it larger

How Large

write-off
  • Specialized
17 5.7
impairment
62 6.1
write-down
  • Specialized
4 6.4
adjustment
  • Specialized
40 3.7

Surface Forms

write-down singular
write-downs plural

Morphology

write-down = write + down (semi-transparent) = write + down

Formed from the phrasal verb 'write down' (write + down), but the accounting sense 'reduce the recorded value' is specialized and not fully predictable to a general B1 learner.

Etymology

Write-down comes from the simple idea of putting write 'to record' and down 'lower' together, so you 'write' a smaller number 'down' in the books. That's why a write-down means lowering the recorded value of something a company owns to match its lower real worth.