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Word | Write-down |
reduction in the book value of an asset / a reduction in the estimated or nominal value of an asset., | |
Usage | ⇒ A company may be far more reluctant to terminate an ongoing activity because to do so may require restatements of earnings and asset write-downs that could very well attract regulatory attention and p |
Synonyms | write-off, devaluation, markdown, depreciation, reduction, account, accountancy, accountant, accounting, assessor, attenuate, begin, break, cheapen, commence, compose, debark, degrade, deject, demean, |
Antonyms | |
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