WRITE-DOWN Definition

Bookmark and Share

WRITE-DOWN is the reduction in the book value of an asset.

Learn new Accounting Terms

CREDIT NOTES are issued to indicate a positive action within an account. Credit notes are issued for reasons such as overpayment, duplicate payment, damaged goods, returned merchandise, etc.

CASH SETTLEMENT, in short-term securities, is payment and delivery made on the same day as the trade date.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.