| NOUN | possession | write-down, write-off | (accounting) reduction in the book value of an asset |
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| Meaning | (accounting) reduction in the book value of an asset. | |
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| Synonym | write-off | |
| Category | accounting | A system that provides quantitative information about finances |
| Narrower | tax write-off, tax deduction, deduction | A reduction in the gross amount on which a tax is calculated |
| Broader | depreciation, wear and tear | decrease in value of an asset due to obsolescence or use |
| Spanish | pérdida, rebaja | |
| Verbs | write down | reduce the estimated value of something |
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