Definition
Downward revision of the book value of an asset to reflect its current market value that has dropped below the book value. The amount by which the book value is reduced is charged against the earnings as an expense or loss.
Business Tips
Gap Analysis for Personal and Business Development
Gap analysis begins by asking yourself two basic questions: Where are you now? Where do you want to be? In answering these questions, one needs to be as detailed as possible so it will be easier to co ... Read more
Related Videos
http://www.businessdictionary.com/definition/write-down.html
